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Mailing Address

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

Nonfarm Payrolls Increase More Than Estimated


Treasury prices were under pressure overnight as the 10yr yield briefly touched the 2.80% ahead of this morning’s Employment Report. The results were stronger than expected as Nonfarm Payrolls increased 200k vs consensus estimates of 175k. As expected, the Unemployment Rate held steady at 4.1% and the Labor Participation Rate and Avg Hourly Earnings were also on par with last month’s levels of 62.7 and +0.3%, respectively. Treasury prices moved lower in response to the data with the 10yr yield breaking through the 2.80 barrier. Consumer Sentiment and Factory Orders are due up next at 10AM ET followed by some Fedspeak this afternoon. Looking ahead to next week, data will be sparse but Fed appearances will be numerous. Currently, the 10yr yield is at 2.840%.

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