Contact VITEK

Contact us for any questions you might have! We are here for you!

* Required Field

Questions/Comments/Feedback?

I would like to:

Speak with a mortgage loan originator

Schedule a consultation


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


MBA Mortgage Applications Improve

03/01/2017

Treasury prices moved lower overnight as a combination of hawkish Fedspeak and better than expected data from overseas applied the downward pressure. Today’s US economic calendar remains very active with a handful of economic data as well as a couple of planned Fed appearances. Thus far, a report on January Personal Income and Outlays had mixed results. Specifically, an increase in Personal Income of +0.4% exceeded expectations of +0.3% but Consumer Spending was softer than expected with an increase of +0.2% vs forecasts of +0.3%.  The Core PCE Price Index was in-line with estimates of +0.3%.  The PMI Manufacturing Index, ISM Manufacturing Index and Construction Spending are due up next.  Lastly, the Weekly MBA Mortgage Applications Index showed an overall improvement of +5.8%. Both purchase and refinance activity increased +7.0% and 5.0%, respectively. Compass's own measure of the purchase/refi mix (indicated below) shows that purchases hold a 64% majority of recent activity. Currently, the 10yr yield is at 2.458%.

» Back to Industry News Listing

Contact Us Mortgage Shopping 101 Reverse Mortgages