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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 Less Than Expected

06/02/2017

Treasury prices were modestly higher overnight as mixed data from overseas took a backseat to this morning’s employment report.  The results were weaker than expected as Nonfarm Payrolls grew by 138k, which was well below estimates of 185k.  To make matters worse, the previous month’s levels were revised lower and the participation rate dropped -0.2% to 62.7%.  Treasury prices moved higher on the news but economists seem to think this weak report is not likely to move the needle enough for the Fed to forego raising rates at the next FOMC meeting.  Looking ahead to next week, the calendar is light with only a handful of mid-tier reports on the docket.  Currently, the 10yr yield is at 2.150%.

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