Leah Zlatkin quoted in the Now Toronto: ‘‘First-time buyers might finally get their shot,’ GTA home sales heat up following interest rate cuts’

Licensed mortgage broker, Leah Zlatkin says an emerging buyer-friendly market may lead to a more competitive landscape in 2025, but that pre-approved mortgages may give buyers a slight edge over their competition.

“Homebuyers who have found a property that they like [should] initiate the pre-approval process as the easing of mortgage qualification requirements and further rate cuts will intensify competition among buyers even further this holiday season and going into 2025,” she wrote in a statement on Wednesday.