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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


Weekly MBA Mortgage Applications Dip

08/02/2017

Treasury prices are modestly lower this morning after a quiet overseas session left prices to drift higher and give back a portion of yesterday’s gains. Data on today’s US economic calendar is limited to the already released ADP Employment Report and Weekly MBA Mortgage Application Index. Private Payrolls increased 178k which was close to expectations of 173k. Meanwhile, headline mortgage applications dipped -2.8% with refinances dropping -4.0% and purchases posting a more modest -2.0% dip. Compass's own measure of the purchase/refi mix (indicated below) shows that purchases hold a 69% majority of recent activity, up 5% from last week. Lastly, investors will keep an eye on a couple of planned Fed appearances from Loretta Mester and John Williams. Currently, the 10yr yield is at 2.256%.

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