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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


Unemployment Rate Increases

07/07/2017

Treasury prices edged lower overnight as a slew of mixed data from overseas was overshadowed by investors anticipation of today’s Employment Report. The headline results were better than expected as a 222k increase in nonfarm payrolls was above forecasts of 170k. The participation rate increased 0.1% to 62.8%, which resulted in an unexpected increase in the unemployment rate to 4.4%. However, Average Hourly Earnings only increased 0.2% vs estimates of a +0.3% increase. Treasury prices have remained modestly underwater in response. The calendar is unremarkable for the rest of the day.  Looking ahead to next week, data is very quiet to start the week but ramps up on Thursday and Friday. There is also a healthy mix of Fedspeak, including Fed Chair Janet Yellen’s two-day testimony before Congress. Currently, the 10yr yield is at 2.389%.

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