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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


Nonfarm Payrolls Below Forecasts

11/03/2017

Treasury prices edged higher overnight as investors digested the talking points of the GOP tax as they awaited this morning’s Employment Report. The results were mixed as the headline increase in Nonfarm Payrolls of 261k was below forecasts of 325k. Meanwhile, a larger than expected dip in the Labor Participation Rate to 62.7% vs 63.0% est resulted in an unexpected dip in the Unemployment Rate to 4.1%. Lastly, Average Hourly Earnings were unchanged vs forecasts of a +0.2% m/m increase.   Investor reaction has been muted thus far as the exact impact of last month’s storms adds a level of uncertainty to the results. The PMI Services Index is due up next at 9:45AM ET followed by Factory Orders and the ISM Non-Manufacturing Index at 10AM. Looking ahead to next week, the calendar is very light but geopolitical events will likely help take up the slack.  Currently, the 10yr yield is at 2.345%.

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