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VITEK Mortgage Group
Corporate Office
3 Parkcenter Drive
2nd Floor
Sacramento, Ca 95825
Toll Free: (800) 570-5300

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Mortgage Industry News

Mortgage Applications Jump

04/21/2010

Morgan Stanley's posted 1Q earnings of $1.78B, compared to a loss of $177M one year ago; fixed-income trading revenue doubled from a year ago. MBA mortgage applications jumped 13.6%. Right now, the futures market is pricing in an 83% chance that the Fed keeps rates at .25% through August 10th, 2010. Currently, the Ten Year yield is at 3.761% (3.80% yesterday) and the 2-10 yield spread is at 276bps, flattening 5bps since yesterday morning.

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Industry News

Have Peace of Mind with VITEK Mortgage Group

VITEK Mortgage Group is headquartered in Sacramento and is one of the largest mortgage bankers in Northern California. For more than two decades we have experienced continued, steady growth in residential lending serving all of California as well as a few other states. Learn more about us!

VITEK Mortgage Group

3 Parkcenter Drive
2nd Floor
Sacramento, CA 95825
Toll Free: (800) 570-5300

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Call us toll free: 1 (800) 570-5300

3 Parkcenter Drive, 2nd Floor, Sacramento, CA 95825

VITEK Mortgage Group has offices in the following cities:
Sacramento Corporate, Auburn, Cameron Park, Cameron Park Branch, Davis 2nd Street, Davis F Street, Downtown Sacramento, El Dorado Hills, Elk Grove, Fair Oaks, Folsom, Natomas, Placerville, Roseville, Roseville Branch, Sierra Oaks, West Roseville / Rocklin, West Sacramento