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Canadian Mortgage Rate Outlook Last week I sat in on a presentation given by an economist with Genworth Canada about what the next 12-24 months holds for ...

The New Technology Mix in Mortgage


The mortgage industry is in the midst of disruption that’s being caused by changing consumer behavior and demand. Today, borrowers are getting more tech-savvy and have become more open to a complete digital experience. Take millennials for example. A recent survey by Clever Real Estate revealed that 63 percent of this generation use their smartphone as a primary research tool while searching for a home, preferring to go to popular real estate search portals to find the right property. And it is this group of borrowers that are really driving the innovation in the digital mortgage space.

“Seventy-nine million potential millennial customers are entering the housing market for the first time and disrupting the industry with a new set of demands for the mortgage lending process,” said Joe Tyrell, EVP, Ellie Mae. “This new generation of homebuyers is more diverse and better educated than ever before, so they expect both high-performance technology and automation, along with increased personalized contact with their lenders.” It is perhaps these numbers that are encouraging lenders to enhance their customer service through apps with new features such as person-to-person payments, personal financing managing tools, and virtual assistants, according to a global consumer survey on digital banking by Deloitte.

Westminster Home Mortgage Services Launched

( -- April 2, 2019) -- Westminster, CA -- ADK Bancorp updated its range of mortgage solutions for clients in Westminster, California. The experienced mortgage lender provides integrated full life cycle mortgage loan servicing support to borrowers and investors.

ADK Bancorp, a mortgage lender based in Westminster, California, announced the launch of an updated range of services for California clients interested in saving money and closing their loans quickly. The company provides clients with the lowest interest rates and closing costs available by employing the most advanced mortgage technology and solutions available.

More information can be found at .

Finding a mortgage to help fit your needs can make all the difference when deciding to buy or refinance one's home. ADK Bancorp Lending provides a wide range of home financing programs and products including conventional conforming, FHA and VA loans, larger loan amounts, investment property financing, renovation loans, and many more.