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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

Unemployment Rate Drops


Treasury prices were mostly unchanged overnight ahead of this morning’s Employment Report.  On the surface, the results were better than anticipated as Nonfarm Payrolls increased 211k vs estimates of 185k and the Unemployment Rate unexpectedly ticked lower to 4.4% compared to forecasts of a +0.1% increase to 4.6%. However, treasury prices are edging higher in response as the details showed a decrease in the participation rate and hourly earnings were softer than expected.   There was also a downward revision in last month’s payrolls, which prompted a dip in treasury yields.  The remainder of the day will be dominated by Fedspeak with five planned appearances, include Fed Chair Yellen at 1:30PM ET.   Looking ahead to next week, the schedule is light to start the week but CPI and Retail Sales loom on Friday. Currently, the 10yr yield is at 2.343%.

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