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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


Payrolls Exceed Expectations

02/03/2017

Treasury prices were mostly unchanged overnight as another mixed round of heavy overseas data did little to move prices ahead of today’s Employment Report. However, prices have moved modestly higher this morning as a surprise strong headline increase in payrolls was overshadowed by a disappointing Average Hourly Earnings increase. Specifically, earnings increased +0.1% vs forecasts of a +0.3% gain and the prior month’s level was revised lower to +0.2% from +0.4%. Meanwhile, both nonfarm payrolls (+227k) and private payrolls (+237k) exceeded expectations of 175k and 180k. The PMI Services Index is due up next at 9:45AM followed by Factory Orders and ISM Non-Manufacturing Index at 10AM.  Looking ahead to next week, the calendar is very light with no significant data scheduled to be released. Currently, the 10yr yield is at 2.436%.

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