More town homes, semi-detached being built in Toronto as home sales continue to surge

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October 08, 2019

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‘Town homes have been almost the substitute for single detached’

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Over 40 digital companies made presentations at the 2nd annual Digital Mortgage Conference in San Francisco. The mortgage industry due to inefficiencies in the system and opportunities for digital entrepreneurs is on the cusp of a significant digital revolution. Mortgage tech companies will create APIs for end-to-end digital mortgage systems and deals will be made between data aggregators and the major institutions. Mortgage Industry Research shows Borrowers are more likely to find their lender through online research or social media than they were 5 to 10 years ago and less likely to find their lender based on a Realtor referral. Online mortgage adoption spans “all age groups” and demographics. More than a third of all borrowers prefer self-service websites, especially during the research stage of getting a mortgage, but still want instant access to mortgage professionals as they move through the process, be it via online chat, telephone, text mess...

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