Leah Zlatkin quoted in the Toronto Star: ‘Too much, too fast? Bank of Canada risks a home price runup with key rate cut, experts say’

Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet, believes the rate cut could be the catalyst that motivates homebuyers to enter the real estate market, especially in Toronto, where affordability remains a significant barrier.

“The combination of a 50-basis-point rate reduction and the impending mortgage rule changes in December creates an opportune moment for buyers to make their move,” she said. “With an abundance of properties available, the current market conditions are exceptionally favourable for potential homebuyers.”