Leslie Cook
Lead Mortgage Reporter at Money
Writer for @Money. Avid scuba diver and animal lover. Views are my own.📫 [email protected]
Articles
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3 weeks ago |
money.com | Aly J. Yale |Leslie Cook
There are many mortgage programs you can choose from when buying a house. But military members and veterans? They have access to an option that civilians don’t: The VA loan. VA loans are mortgages guaranteed by the U.S. Department of Veterans Affairs and are available only to military members, veterans and their spouses. These loans have low interest rates, require no down payment and have significant benefits that other loan programs don’t provide.
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3 weeks ago |
money.com | Leslie Cook |Julia Glum
A major shakeup is coming for the agency that regulates and supervises federally backed home loans. President Donald Trump posted last week about his intent to take Fannie Mae and Freddie Mac, two government-sponsored entities that provide guarantees for most mortgage loans, out of federal conservatorship.
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1 month ago |
money.com | Pete Grieve |Leslie Cook
Should home sellers and their agents be allowed to market listings privately, or should they be required to make listings viewable on all platforms right away? That's the question at the center of a controversy currently playing out with Compass, the largest U.S. brokerage, and Zillow, the largest online real estate marketplace, on either side of the issue.
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1 month ago |
money.com | Liliana Hall |Leslie Cook
Existing home sales slipped in April as concerns over tariff-related uncertainty overshadowed the key spring housing season. On Thursday, the National Association of Realtors (NAR) reported that existing home sales unexpectedly dropped 0.5% in April to a seasonally adjusted rate of 4 million. This was the slowest pace for April since 2009 and marked a 2% decline compared to the same month last year.
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1 month ago |
money.com | Adam Hardy |Leslie Cook
After moving 26 times in 31 years, I finally found a place to put down roots. In December, I bought my own home in idyllic St. Petersburg, Florida, with no down payment — and got a 4.75% fixed-rate mortgage to boot. The deal gets even better: I negotiated $50,000 off the listing price, and even though I didn’t make a down payment, I don’t have to pay for private mortgage insurance, either. You're probably thinking that sounds too good to be true in today’s housing market.
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