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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

10/18/2017

Treasury prices were under modest pressure overnight as limited data from overseas was overshadowed by hawkish comments that indicated that the Fed is still on track for another rate increase this year. The US economic calendar includes a smattering of information on US housing and the Fed’s Beige Book. Thus far, the September Housing Starts Report was softer than expected as both Starts and Permits came in below expectations. Meanwhile, the Weekly MBA Mortgage Applications Index increased +3.6% with purchases leading the way with a +4.0% increase vs a 3.0% increase in refinances. Compass's own measure of the purchase/refi mix (indicated below) shows that purchases hold a 63% majority of recent activity, up 1% from last week. Currently, the 10yr yield is at 2.233%.

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