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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

Weekly MBA Mortgage Applications Surge


Treasury prices were mostly unchanged overnight as limited overseas data and a pause in geopolitical events helped give markets a breather. The US economic calendar begins to pick up the pace today after its sleepy start to the week. The August Producer Price Index was softer than expected as the headline level of +0.2% and core increase of +0.1% were below forecasts of +0.3% and +0.2%, respectively.  Earlier this morning, the Weekly MBA Mortgage Applications Index showed a healthy surge in activity of +9.9%, as lower rates fueled a 9.0% increase in refinances and an 11% increase in purchases. Compass's own measure of the purchase/refi mix (indicated below) shows that purchases hold a 65% majority of recent activity, up 1% from last week. Currently, the 10yr yield is at 2.182%.

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