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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 Increase

01/24/2018

Treasury prices moved lower overnight as comments from Treasury Secretary Mnuchin favoring a weaker dollar have fueled concerns that a trade war could be brewing. Overseas data from Europe showed stronger than expected inflation results and today’s US economic calendar delivers its first significant data of the week. The PMI Composite Flash is due out at 9:45AM ET followed by Existing Home Sales at 10AM. Earlier this morning, the MBA Mortgage Applications Index posted a composite increase of 4.5%. Purchases lead the way with a 6.0% increase vs a more modest 1.0% increase in refinance activity. Compass's own measure of the purchase/refi mix (indicated below) shows that purchases hold a 63% majority of recent activity, rebounding 4% from last week’s level. Currently, the 10yr yield is at 2.653%.

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