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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4 days 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 week 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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2 weeks 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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1 month ago |
money.com | Aly J. Yale |Leslie Cook
* Sample rates are based on the most recent government data on reverse mortgages, issued in November 2024. Reverse mortgages are one of the many tools you can use to access your home equity and turn it into cash — but not everyone can use them. With reverse mortgages, only homeowners of a certain age are eligible. For the government-backed kind — called Home Equity Conversion Mortgages (HECMs) — you must be 62 to qualify.
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