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7 Resolutions for the Upcoming Year
1. Keep an eye on your credit. With identity theft increasingly more common, you should review your credit report regularly. Also, if...
omegafinancialinco
2 min read


Mortgage FAQ: Is It a Bad Idea to Refinance Now?
"WITH THE RECENT RISE IN INTEREST RATES, IS REFINANCING RIGHT NOW A BAD IDEA? I’D LIKE TO DO A CASH-OUT REFINANCE TO PAY OFF SOME DEBT,...
omegafinancialinco
2 min read


Should You Close an Unused Credit Card? The Pros and Cons
One of the most frequent questions that mortgage professionals, financial advisors and credit experts get is, “Should I cancel a credit...
omegafinancialinco
2 min read


Living in Your Home When It's Up for Sale
Living in a home that’s for sale can be stressful and it can be a real disruption to your normal routine. However, by using several...
omegafinancialinco
2 min read


Mortgage FAQ: How Do We Set Our Home's a List Price with No Comps?
"THERE HAVE BEEN VERY FEW HOME SALES IN OUR AREA. HOW CAN WE SET OUR LIST PRICE IF WE DON’T HAVE ANY COMPARABLE SALES TO GO BY? ALSO, TO...
omegafinancialinco
2 min read


Your Remodel: Avoid These Six Home Improvement Mistakes
One of the best ways to add value to your house is through a home improvement project. However, there are plenty of pitfalls when it...
omegafinancialinco
2 min read


Your Credit Score May Have Gone Up
Over the past year and a half, the big three credit bureaus of Equifax, TransUnion and Experian have made some subtle yet important...
omegafinancialinco
2 min read


Mortgage FAQ: Should I Invest in Smart Home Technology?
I’VE HEARD THAT SMART HOMES ARE ALL THE RAGE LATELY. IF I’M GOING TO SELL MY HOME, IS IT WORTH IT FOR ME TO MAKE UPGRADES TO MY HOME TO...
omegafinancialinco
2 min read


Why You Should Consider a Pre-Listing Home Inspection
Even though almost all home sales are contingent upon a buyer’s inspection, as a seller you should strongly consider getting your own...
omegafinancialinco
2 min read


Rate Update: Current and Future Trends
Now that the spring/summer real estate season is over, let’s look at recent interest rate trends—and what may be in store in the coming...
omegafinancialinco
2 min read


Mortgage FAQ: What Happens I Have a Shortage or Overage in My Escrow Account?
"I RECEIVED A NOTICE STATING THAT MY ESCROW ACCOUNT IS PROJECTED TO HAVE A SHORTAGE AND I NEED TO MAKE A PAYMENT TO MY LOAN PROVIDER....
omegafinancialinco
2 min read


...And How to Sell a Home in the Fall Months
Much like buying a home in the fall, selling a home in the fall is similar to selling at any other time of year. However, the current...
omegafinancialinco
2 min read


How to Buy a Home in the Fall Months...
With summer starting to wind down, let’s turn our attention to the fall buying and selling season. First up: Buying a home in the fall...
omegafinancialinco
2 min read


Is a 5/1 ARM the Right Loan for You?
Although a fixed-rate mortgage is often the go-to mortgage for many borrowers, a certain kind of adjustable-rate mortgage (ARM)—namely a...
omegafinancialinco
2 min read


Stay in Touch With Your Pros—Even If You Aren't Buying Yet
Do you think that the services of a real estate agent and a mortgage broker are useful only when you’re getting ready to buy, sell or...
omegafinancialinco
2 min read


Mortgage FAQ: How Can We Improve Our Small Kitchen Space Before Listing Our Home for Sale?
"WE LIVE IN AN OLDER HOUSE THAT HAS A VERY SMALL KITCHEN AND I’M AFRAID IT’S GOING TO BE A TURN-OFF TO POTENTIAL BUYERS WHEN WE LIST OUR...
omegafinancialinco
2 min read


Mortgage FAQ: What's the Best Time of the Year to Sell?
"WE’RE LOOKING TO MOVE INTO A LARGER HOUSE THIS YEAR. WE’D LIKE TO SELL QUICKLY AND, OF COURSE, FOR THE HIGHEST PRICE WE CAN GET. WHEN...
omegafinancialinco
2 min read


How to Buy a Home When It's a Seller's Market
Due to a combination of low inventory and other factors, many experts are saying that this season’s housing market will be very...
omegafinancialinco
3 min read


Don't Be Too Worried About the Rate Hikes
If you’re worried about the recent rise in interest rates, you shouldn’t be. Yes, interest rates have risen about a half of a percentage...
omegafinancialinco
2 min read


Mortgage FAQ: Can I Use a Tax Refund for a Down Payment on a Home?
"I’D LIKE TO PUT MY TAX REFUND TOWARDS MY DOWN PAYMENT, BUT I KNOW THAT THE FUNDS FOR MY DOWN PAYMENT NEED TO BE IN MY ACCOUNT WELL...
omegafinancialinco
2 min read
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