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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 Grow

08/04/2017

Treasury prices were mostly unchanged overnight as investors awaited today’s Employment Report. The results were better than expected as various aspects of the report indicated strength in the labor market. Nonfarm payrolls grew 209k versus expectations of 178k and the prior month’s level was also revised higher. The Unemployment Rate dipped -0.1% down to 4.3%, which was coupled with an improvement in the Participation Rate of +0.1% to 62.9%. Treasury prices have moved lower in response to the unexpectedly strong results. Data is complete for the week but investors will be paying attention to a couple of planned Fed appearances later on this morning. Looking ahead to next week, the calendar is tame with a pair of reports on inflation on Thursday and Friday providing the only significant data points. Currently, the 10yr yield is at 2.265%.

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