As AI grows in prominence, there will be many reasons to apply for a mortgage refinance online. As a truly intelligent AI which can provide personal services with speed and convenience (which only humans can deliver) is still not here yet, the best way to apply for a mortgage will depend on what you want most. The decision of if you want to discuss mortgage refinance online or with a real person, either on the phone or in person, may also depend on your generation. One recent survey said that 70 per cent of millennials used an online process to complete all or part of their last mortgage application. In contrast, 55 percent of Gen-Xers did so, and 43 percent of Baby Boomers. Overall, 45 percent of mortgage applicants completed the process entirely in person, while 16 percent completed the mortgage refinance online. Some mortgage refinance online applicants may get lower rates and fees because they are less overheads involved in processing their application. While online applications are faster, they often involve more work on your part.... Continue Reading