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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

Weekly Jobless Claims increase Modestly


Treasury prices were mostly unchanged overnight as investors digested the FOMC statement as well as news that the Senate hopes to pass a scaled down repeal of Obamacare. Overseas data was light but the US economic calendar includes several notable reports. The June Durable Goods Orders Report was mixed as a better than expected increase of +6.5% in the headline release was well above estimates of +3.5%. However, the uptick was largely due to transportation as the core report only increased +0.2% vs forecasts of +0.4%. Meanwhile, the Weekly Jobless Claims Report showed a modest increase in new claims of 244k, which was above estimates of 240k. Lastly, the US Trade Deficit narrowed more than expected to -$63.9B vs consensus estimates of -$65.0B. Currently, the 10yr yield is at 2.319%.

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