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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 Increase


Treasury prices moved higher overnight as news of Gary Cohn’s departure from the Trump Administration sparked a flight to quality bid. Overseas data was mixed and today’s US economic calendar includes a mix of reports on housing, employment and trade. Thus far, the ADP Employment Report posted a 235k gain in private payrolls vs forecasts of 205k. Meanwhile, the International Trade Report showed that the trade deficit widened more than expected in January to -$56.6B, which was above estimates of $55.1B and the widest level in almost 10 years. Earlier this morning the Weekly MBA Mortgage Applications Index showed a slight increase in overall activity of +0.3%. Refinances increased +2.0%, while purchases dipped -1.0%. Compass's own measure of the purchase/refi mix (indicated below) shows that purchases hold a 66% majority of recent activity, up 1% from last week’s level. Currently, the 10yr yield is at 2.859%.

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