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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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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


Durable Goods Orders Mixed

08/25/2017

Treasury prices were mostly unchanged overnight as markets awaited a few notable events to end a fairly quiet week of economic activity. Investors will be keying on a pair of speeches at the Jackson Hole Symposium by Fed Chair Janet Yellen at 10AM ET and ECB President Mario Draghi at 3PM. In those appearances, investors will be looking for hints on the likelihood of a Fed rate hike this year and potential changes to the EU’s QE program. In terms of data, the results of the July Durable Good Orders were mixed with the headline print of -6.8% coming in below expectations of -5.8% but the core results of +0.5% exceeding forecasts of +0.4%.  Looking ahead to next week, the calendar is fairly robust with GDP and the September Payroll Report highlighting the docket. Currently, the 10yr yield is at 2.197%.

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