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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 Refinance Applications Surge

11/15/2017

Treasury prices moved higher overnight as the flight to quality bid continued to squeeze global equity prices lower. Overseas data was mixed and the US economic calendar has already delivered some notable releases. The October Consumer Price Index was in-line with expectations of a +0.1% headline and a +0.2% core increase.  Meanwhile, the latest Retail Sales Report produced mixed results. The headline increase of +0.2% was above forecasts of +0.1% but Sales excluding Autos and Gas only increased +0.3% versus estimates of +0.4%. The latest MBA Mortgage Applications Index improved +3.1% overall with refinance activity jumping +6.0% and purchases lagging with a +0.4% increase. Compass's own measure of the purchase/refi mix (indicated below) shows that purchases hold a 63% majority of recent activity, down 1% from last week. Currently, the 10yr yield is at 2.351%.

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