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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 Improve

12/06/2017

Treasury prices moved higher overnight as uneventful data from overseas took a backseat to tax reform, profit taking in equity markets and anxiety around President Trump’s intentions to move the US embassy from Tel Aviv to Jerusalem. The US economic calendar remains relatively busy today with housing, employment and inflation data on the docket. The ADP Employment Report was slightly better than expected posting a 190k increase vs 186k forecast. Meanwhile, NonFarm Productivity increased less than expected and Unit Labor Costs unexpectedly dipped -0.2% vs estimates of a +0.3% increase. Lastly, the MBA Mortgage Applications Index improved +4.7%. Refinances lead the way higher with a +9.0% surge vs a more modest +2.0% increase in purchase activity. Currently, the 10yr yield is at 2.324%.

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