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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


Q1 GDP Above Expectations

05/26/2017

Treasury prices moved modestly higher overnight as slumping oil and equity markets helped create a bid for treasuries.  Overseas data was mostly softer than expected and investor anxiety is building over a tightening in the polls for next month’s UK election.  Today’s holiday condensed trading session is highlighted by a few noteworthy releases.  The news has been mixed as an upward revision to Q1 GDP to +1.2% was above estimates of +0.8% and Durable Goods Orders declined -0.7%, which was less than consensus estimates of -1.0%.  However, excluding transportation, Durable Goods unexpectedly dropped -0.4% vs estimates of a +0.4% increase.  The University of Michigan Consumer Sentiment Index is due up next at 10AM ET ahead of the SIFMA recommended early 2PM market close.  Looking ahead to next week, the calendar is fairly busy with Friday’s Employment Report anchoring the docket.  Currently, the 10yr yield is at 2.239%.

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