Finicity, a Mastercard company, has released its new High Demand, Higher Hurdles in the Mortgage Market report. It reveals key findings around the issues consumers face during the mortgage process and how digital solutions are starting to provide relief. According to the report, 89% of respondents find the loan application was more stressful or as stressful as the home-buying experience.
“Buying a home should be exciting, not frustrating. And, the loan process can be