Are mortgage brokers in high demand?
According to the Bureau of Labor Statistics (BLS), the career will have an 11% increase in demand between 2016 and 2026. This rate is much higher than the national average for all careers, making a job as a mortgage broker an excellent option for those interested in the finance field.
Is there a demand for mortgage brokers UK?
Mortgage Brokers in the UK industry trends (2016-2021) Over the five years through 2021-22, the Mortgage Brokers industry's revenue is anticipated to increase at a compound annual rate of 3.7%.
How much do the best mortgage brokers make?
4. PayScale puts the average salary of mortgage brokers at $58,304, based on 72 reports, and notes commissions ranging from $12,000 to $178,000. Brokers with less than one year of experience earned average total compensation of $46,750, it says, while those with at least 20 years of experience averaged $68,784.
Are mortgage brokers still making money?
Mortgage brokers earn an average of $92,262 per year in the United States, but this figure can vary based on factors such as experience level and geographic location.AssistantRegions MortgageMortgage BankerPremium Mortgage