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Real Estate Right Now: Buying Cools, Market Still Warm & Rates Are Hot

Real Estate Right Now: Buying Cools, Market Still Warm & Rates Are Hot

by Omega Lending Group | Aug 21, 2019 | Mortgage News, Real Estate

Assessing the health of the real estate market is a lot like analyzing the results of a check-up. You get good news, not-so-great news, and a whole bunch of numbers. In the end, however, the doctor gives you a summative thumbs up or thumbs down. The same could be said...
Study: About 8.2 Million Homeowners Could Benefit from Refinancing

Study: About 8.2 Million Homeowners Could Benefit from Refinancing

by Omega Lending Group | Aug 5, 2019 | Mortgage News

During a recent Inside Real Estate podcast interview with mortgage expert Barry Habib, he talked about why now is the time to refinance. He warned that waiting for rates to drop even further is a gamble because there is never total certainty in where the market is...
4 Tips for Determining When to Lock in Your Mortgage Interest Rate

4 Tips for Determining When to Lock in Your Mortgage Interest Rate

by Omega Lending Group | Jun 17, 2019 | Mortgage News

The thing we talk about most with our clients is mortgage rates. Everyone is shopping around for the very best rate, and rightfully so considering the fact that the interest rate will have a huge impact on your monthly mortgage payment. On the other hand, the biggest...
Fed doesn’t expect to increase rates this year – what it means for mortgage rates & home buyers

Fed doesn’t expect to increase rates this year – what it means for mortgage rates & home buyers

by Omega Lending Group | Mar 26, 2019 | Mortgage News

Last week we got the interesting and unusual news that the Federal Reserve did not increase its benchmark rate and suggested that rates would not increase this year. While the Fed doesn’t set mortgage rates, whatever it does has an impact on them. The Fed’s decision...
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Omega Lending Group is a local mortgage lender based in Royal Oak, MI serving Michigan home buyers and home owners. At Omega we believe that obtaining a mortgage or refinancing a home loan should be a smooth and easy process driven by real people, not algorithms or chat bots.

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