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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

05/24/2017

Treasury prices were mostly unchanged overnight as news that China’s credit rating was downgraded by Moody’s helped make up for limited economic data from overseas.  Today’s US economic calendar includes data on US housing as well as the release of the FOMC Meeting Minutes.  Investors will be looking for the minutes to provide additional hints around the likelihood of a Fed increase in June.  Earlier today the MBA Mortgage Applications Index posted a +4.4% increase in activity.  Refinances surged +11.0%, while purchases actually dipped -1.0%.  Compass's own measure of the purchase/refi mix (indicated below) shows that purchases hold a 68% majority of recent activity, down 1% from last week. Currently, the 10yr yield is at 2.291%.

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