When you're a mortgage pro you rarely get to sit back and relax for long. There's always a change coming your way to handle. The upcoming revision of the Uniform Residential Loan Application (URLA) is one of them. 

Digital mortgage discussions are everywhere! Blogs, news, and trade shows can't stop talking about them and their impact on the current and future mortgage industry. 

What are consumers saying and feeling about digital mortgages? What are the benefits and the drawbacks? We've compiled a list of the best, most up-to-date statistics available to shed more light on this important mortgage trend. 

STATISTICS TO KNOW

Millennials account for 36% of homebuyers in the market. 

More than 50% of all loan applications in the past two years included some online or mobile component.

67% of those with an existing home loan would feel comfortable completing a home loan application on a laptop or desktop computer, and 29% would be comfortable using a mobile device.

More than 30% of borrowers reported not comparison shopping for their mortgage.

Most of us have followed them to some degree for years: those sassy, intriguing Millennials. How they are educated, activities they enjoy, what they won’t abide, and their expectations on life in general have fascinated us for the past decade.