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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


MBA Weekly Mortgage Applications Increase

01/11/2017

Treasury prices were mostly unchanged overnight as mixed overseas data was shrugged off as investors remain focused on today’s Trump news conference. In the interim, the US economic calendar is limited to the already released MBA Mortgage Applications Index and Petroleum Status Report. Overall mortgage applications increased 5.8% with purchase activity increasing 6.0% versus a more modest 4.0% increase in refinances. Compass's own measure of the purchase/refi mix (indicated below) shows that purchases now hold a 54% majority of recent activity. Lastly, treasury prices will be tested soon after the press Trump’s news conference as $20Bln in 10yr supply is scheduled to be auctioned at 1PM ET. Currently, the 10yr yield is at 2.358%.

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