Home >> Author Archives: Eric C. Peck (page 42)

Author Archives: Eric C. Peck

Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com.

Housing Demand Hastens Sales

Tight inventory combined with high demand is resulting in a reduction in the time a home spends on the market as the nation’s short supply is being consumed at a record pace.

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Mortgage Rates Hold Steady Below 3%

Rates remain at historically-low levels, as Americans are finding it an opportune time to refi, while new home seekers continue to sit on the sidelines due to tight inventory and high prices.

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Loans Closed Quicker in Q1

Increased lender adoption of eClose technology is cutting the amount of time it takes to close loans, with a six-day reduction in time over the first quarter of the year.

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