Leah Zlatkin featured in CMP Magazine: ‘What the BoC’s latest rate hold means for mortgages’

Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet, said the spread is making client conversations more complicated.

“With variable rates still coming in below comparable fixed rates, I’m seeing more interest from clients who are weighing whether the lower rate is worth the added uncertainty,” she said.

“That trade-off isn’t for everyone, though, and some are still leaning toward fixed because the certainty of a consistent monthly payment matters more than the potential savings.” For homeowners nearing renewal, Zlatkin urged early action.

“Starting early gives borrowers more flexibility to compare lenders and lock in a rate while still keeping an eye on the market,” she said.