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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

03/21/2018

Treasury prices were mostly unchanged overnight as investors were sidelined ahead of today’s FOMC Meeting Announcement. In the interim before this afternoon, the US economic calendar releases its first notable data of the week in the form of Existing Home Sales at 10AM. Earlier this morning the Weekly MBA Mortgage Applications Index edged lower by -1.1%. Refinances dropped -5.0% while purchases actually posted a small 1.0% gain. Compass's own measure of the purchase/refi mix (indicated below) shows that purchases hold a 64% majority of recent activity, unchanged from last week’s level. Lastly, most investors expect a rate increase this afternoon and will be focused on projections for additional increases for the rest of this year. Currently, the 10yr yield is at 2.903%.

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