New Survey: It’s a Great Time to Buy a Home – NMP Skip to main content

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

Mar 20, 2018
house for sale

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
Published
Mar 20, 2018
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026