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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

06/28/2017

Treasury prices continued to move lower overnight as a mix of data from overseas failed to stem the downward momentum created by ECB President Draghi. The US economic calendar is relatively busy today with a mix of data. The May International Trade in Goods Report showed a dip in the US trade deficit that was slightly better than expected. The May Pending Home Sales Index is up next followed by data on US petroleum inventories.  Early this morning the Week MBA Mortgage Applications Index slid -6.2% as the summer lull seems to be taking hold. Refinances dropped -9.0% while purchases posted a more modest -4.0% dip.  Compass's own measure of the purchase/refi mix (indicated below) shows that purchases hold a 66% majority of recent activity, down 1% from last week’s level.  Currently, the 10yr yield is at 2.219%.

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