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What Improving Home Values May Mean for You
Although all areas are different, we have been seeing a fairly widespread trend of increasing home values. According to the most recent...
omegafinancialinco
2 min read


Mortgage FAQ: Is Another Housing Bubble on the Way?
"WITH HOME PRICES STILL CLIMBING, WILL WE GET TO A POINT WHERE PEOPLE ARE BEING PRICED OUT OF THE MARKET? AND IS IT POSSIBLE THAT WE’RE...
omegafinancialinco
2 min read


Rate Update: Is This the New Normal in Terms of Mortgage Rates?
You probably haven’t heard much about interest rates lately because there’s been very little movement in the rates. However, interest...
omegafinancialinco
2 min read


Why You Shouldn't Sell Your Home Without an Agent
The idea of saving money by selling your home without a real estate agent can be enticing, but you may regret not hiring an agent. Here’s...
omegafinancialinco
2 min read


Mortgage FAQ: Is Now a Good Time to Tap Into My Home Equity?
"IS IT A GOOD TIME TO TAP INTO MY HOME EQUITY AND DO A CASH-OUT REFINANCE? I’D LIKE TO PAY OFF THE REST OF MY CREDIT CARD DEBT. I HAVE...
omegafinancialinco
2 min read


New Trended Credit Data May Help You Get a Mortgage
As a borrower, any advantage you can get in the loan approval process can be helpful in getting the best loan. Soon, you’ll have one more...
omegafinancialinco
2 min read


Prepare Yourself Financially for Buying a Home
As has been said many times, buying a new home is likely the most expensive purchase you’ll ever make. With that in mind, getting...
omegafinancialinco
2 min read


Mortgage FAQ: How Much Will One Late Payment Hurt My Credit Score?
"I’VE BEEN TRYING VERY HARD TO IMPROVE MY CREDIT SCORE, BUT I SLIPPED AND WAS LATE ON ONE OF MY BILLS. HOW MUCH WILL ONE LATE PAYMENT...
omegafinancialinco
2 min read


Facing the Competition: Get an Edge in a Multiple-Bid Situation
Now that we’re into the heart of the summer real estate season, you may have competition from other potential buyers—and you may be faced...
omegafinancialinco
2 min read


Having a Mortgage Can Be Good for You
For many people, the American dream isn’t just owning a home—it’s also paying off the mortgage. But why is it important to own a home...
omegafinancialinco
2 min read


Mortgage FAQ: How Do I Buy a Home that I'm Renting?
"THE OWNER OF THE HOME THAT I’M RENTING HAS DECIDED TO SELL AND I’M VERY INTERESTED IN BUYING THE HOME. HOW DO I GO ABOUT DOING THAT? DO...
omegafinancialinco
2 min read


Is a Home Upgrade Worth the Cost?
If you’re considering a home remodeling project, the big question is this: Will you recoup your costs when you sell? Although the real...
omegafinancialinco
2 min read


Successfully Buying and Selling at the Same Time
If you’ve found a home you want to buy, but your current home hasn’t sold yet, don’t fret—you do have options: Carry two mortgages for a...
omegafinancialinco
2 min read


Mortgage FAQ: Are FICO Credit Scores Going Away?
"I RECENTLY READ THAT FICO CREDIT SCORES MAY NO LONGER BE USED IN THE FUTURE. INSTEAD, LENDERS WILL BE USING ALTERNATE SCORING MODELS. IS...
omegafinancialinco
2 min read


Your New Loan: Deciding on the Length of Your Mortgage
With myriad different loan products available, you may have difficulty choosing the length (commonly known as “term”) of your new...
omegafinancialinco
2 min read


How to Choose the Right Home Near the Right School
How can you find the home near the schools that are best for you and your kids? Here are a few tips: Your search for schools should begin...
omegafinancialinco
2 min read


Mortgage FAQ: When Is the Best Time to Refinance?
"HOW MUCH LOWER DO THE INTEREST RATES NEED TO BE IN RELATION TO THE RATE ON MY CURRENT LOAN BEFORE REFINANCING MAKES SENSE? IS THERE A...
omegafinancialinco
2 min read


Rate Update: Interest Rates Continue to Defy Expectations
At the tail end of last year, a positive economic outlook prompted the Federal Reserve to raise the federal funds rate for the first time...
omegafinancialinco
2 min read


10 Tips for Buying Your First Home
With low interest rates and plenty of low down payment options available, there will be a lot of first-time homebuyers this spring. If...
omegafinancialinco
2 min read


Your New Home's Location Is Critical
Although proximity to services is important, the quality of the neighborhood is truly at the heart of the old saying, “Location,...
omegafinancialinco
2 min read
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