Tag Archives: TD Bank

The Bureau of Economic Analysis (BEA) reported that gross domestic product (GDP) grew last quarter at an annualized rate of 4.2 percent, a little bit better than the 4.0 percent growth originally recorded in last month's initial estimate. Economists had expected no change from the first report.

According to research results put out by TD Bank, 37 percent of homeowners who purchased within the last decade required MI. Looking at just the last two years, that number is up to 43 percent, reflecting the troubles buyers are having meeting normal down payment minimums as home prices march up. Of those who have had to go with insurance, 65 percent said the additional premium left them paying more than they had originally anticipated.

In a survey of 1,500 consumers who purchased a home in the last 10 years, TD Bank found 69 percent would describe their experience with their lender as “excellent” or “very good." Rating specific aspects of their experience, accessibility” and “responsiveness” ranked highest, while relatively fewer respondents were happy with their lender’s efforts to explain options or help them understand the process.