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Mailing Address

VITEK Mortgage Group
Corporate Office

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

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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 Weekly Mortgage Applications Improve

03/15/2017

Treasury prices moved modestly higher overnight ahead of a robust day of activity. Overseas data was fairly uneventful but the US economic calendar includes a slew of data in the morning followed by the FOMC in the afternoon (11:00 PST). Thus far, the data has been mostly in-line with expectations. February Retail Sales were on par with forecasts of headline growth of +0.1% and a core increase of +0.2%. Meanwhile, headline and core CPI prints were also on target with expected increases of +0.1% and +0.2%, respectively.The Empire State Manufacturing Survey was the lone report to beat expectations with a 16.4 reading coming in above forecasts of 15.4. Lastly, the Weekly MBA Mortgage Applications Index improved +3.1%, which was comprised of a +4.0% increase in refinance activity and a 2.0% increase in purchases.  Currently, the 10yr yield is at 2.575%.

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