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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


Today's Market Color

07/14/2017

Treasury prices edged higher overnight after a fairly quiet session.  Overseas data was light but the US calendar is the heaviest of the week and investors will be paying particularly close attention to inflation data to help determine if the recent lull is truly transitory.  The results have been softer than expected as both the CPI and Retail Sales were disappointing.  The headline Consumer Price Index for June was unchanged vs expectations of a slight +0.1% increase and the core report only increased +0.1% vs forecasts of +0.2%.  Meanwhile, both the headline and core Retail Sales Reports unexpectedly dipped -0.2% in June vs estimates of a +0.1% and 0.2% increase, respectively.  Not surprisingly, treasury prices have moved higher in response.  The June Industrial Production Report is due up next at 9:15AM ET.  Looking ahead to next week, the calendar is very quiet with only a couple of mid-tier reports due out mid week.  Currently, the 10yr yield is at 2.3207%

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