New Survey: It’s a Great Time to Buy a Home

Mar 20, 2018

Enthusiasm and optimism on homebuying remains vibrant, according to the new TD Bank Spring Home Lending Survey.

In a national poll of 1,819 homeowners who purchased a home in the last 10 years and had a mortgage, 84 percent of respondents said it was either a good or very good time to buy a home, while 53 percent of respondents said they were either “somewhat, very or extremely likely” to purchase a new home in the next one to three years.

When it comes to buying, the primary concerns for buyers in this survey were low inventory (28 percent), qualifying for a mortgage despite a low credit score (23 percent) and qualifying for a mortgage despite current income (18 percent). Financial literacy remained a challenge, with 24 percent of respondents stating they were unaware of things they can do prior to applying for a mortgage that will help the process go more efficiently.

About the author

Phil Hall

Link copied

Published

Mar 20, 2018

People On The Move

Atlantic Bay Taps Lindsay Barbera To Lead Louisiana Expansion

Mortgage veteran will lead lender’s first Louisiana branch as Atlantic Bay continues expanding across the South

Atlantic Bay Mortgage Group has tapped mortgage industry veteran Lindsay Barbera to lead its newly launched Louisiana operation, marking the lender's first expansion into the state.Barbera, a Baton Rouge native with more than 20 years of mortgage industry experience, will se...

People On The Move

UWM Names Vandy Fartaj Its First Chief Investment Officer

Former CrossCountry and Pennymac executive takes newly created role overseeing capital markets and investment strategy

United Wholesale Mortgage has named mortgage banking and capital markets veteran Vandad “Vandy” Fartaj as its first chief investment officer, creating a new executive position focused on capital markets, investment strategy, and portfolio management.Fartaj brings roughly thr...

Nov

Pasadena, CA

More from

Industry News

CHLA: More Freddie Mac MBS Buying Could Narrow Mortgage Spreads

Trade group estimates greater Freddie participation could compress spreads another 10 to 12 basis points as Fannie has taken the lead in GSE mortgage-bond buying

Industry News

Sep 23, 2026

Early Loan-Limit Race Splits Into Three Tiers

Lenders are now offering $845,000, $847,440, or $850,000 before FHFA sets the official 2027 limits

Industry News

Sep 23, 2026

Better, Garg Clash Over Claimed 46% Shareholder Support

Better disputes its former CEO’s preliminary consent count as the two sides trade accusations and an Oct. 2 target date approaches

C-Suite Strategies

Sep 23, 2026

Fannie Changes How Rent From A Former Home Counts

Fannie now prohibits leases for departing residences and permits market-analysis tools instead of Form 1007, creating a key documentation difference from Freddie Mac

Regulation and Compliance

Sep 22, 2026

MPF Expands Eligibility For Manufactured And Renovation Loans

The Mortgage Partnership Finance Program has expanded MPF Traditional eligibility for affordable loans, manufactured homes, renovations, and lender-funded assistance

Industry News

Sep 22, 2026