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Mailing Address

VITEK Mortgage Group
Corporate Office

3 Parkcenter Drive
2nd Floor
Sacramento, Ca 95825
Toll Free: (800) 570-5300

Language of your Mortgage Loan Originator:

Customer Login - Coming soon!

You will be able to log in for up-to-the-minute updates on your loan in process and easily submit needed documentation to us to help ensure a faster transaction for you. This new state-of- the-art communication system will also support our efforts toward complete paperless transactions and helps us further our Think Green initiatives!

Industry News

Mortgage Industry News


Employment Report Softer Than Expected

10/04/2017

Treasury prices moved modestly higher overnight as a mix data from overseas was overshadowed by speculation around candidates for the next Fed Chair. The US economic calendar is very active today with a healthy mix of data and Fedspeak. The ADP Employment Report was slightly softer than expected with actual results of +135k vs forecasts of 140k. The PMI Services Index is due up next at 9:45AM ET followed by the ISM Non-manufacturing Index at 10AM and an appearance by Janet Yellen at 3:15PM. Lastly, the early morning release of the Weekly MBA Mortgage Applications Index showed an overall dip of -0.4%.  Refinances slid -2.0% while purchase actually increased 1.0%. Compass's own measure of the purchase/refi mix (indicated below) shows that purchases hold a 63% majority of recent activity. Currently, the 10yr yield is at 2.342%.

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