Author Archive

Author Archive

Elan Weintraub quoted on CTV News: ‘Federal banking regulator keeps key mortgage stress test rate unchanged”

Posted on December 15th, 2022 by Kim Owen Mortgage Outlet director Elan Weintraub discusses Canada’s mortgage stress test and why he thinks it should remain even as rates rise.  

Leah Zlatkin quoted in CMP Magazine: ‘What are brokers looking for from lenders in 2023?’

Posted on November 30th, 2022 by Kim Owen “Transparency from lenders is a critical component of that relationship, according to Leah Zlatkin (pictured below), chief operating officer and broker at Mortgage Outlet. She noted that the changing mortgage landscape of 2022 has created a more complex borrowing environment for clients, meaning it’s essential that lenders effectively communicate whether they can service a […]

Leah Zlatkin quoted on BNN Bloomberg: ‘What mortgage brokers are seeing with renewals amid rate hikes’

Posted on November 2nd, 2022 by Kim Owen Leah Zlatkin, a mortgage broker working in Toronto and expert with, said some clients are having a harder time shopping around. “What I’m typically seeing from clients who are up for renewal is that they’re having a harder time qualifying in some cases if they’re trying to switch to a different lender,” she […]

Leah Zlatkin quoted in CMP Magazine: ‘First-Time Buyers Feeling The Squeeze In Rising-Rate Environment’

Posted on October 26th, 2022 by Kim Owen As home prices spiked across Canada’s hottest housing markets over the past two years, a growing cohort of new homebuyers turned to parents or guardians to help fund their purchases – but that’s a strategy that could be an increasingly risky one in the current climate, according to an industry expert. Leah Zlatkin (pictured), […]

Shawn Stillman quoted in The Globe and Mail: ‘Think you can move that stellar mortgage to a new home? The pitfalls of porting’

Posted on October 19th, 2022 by Kim Owen “People are paralyzed from fear of falling home prices and that’s keeping many from moving at all,” says Shawn Stillman, a mortgage broker and co-founder of Mortgage Outlet. “Of the people who still want to port their mortgage, most don’t even know these problems exist until they apply and find out they don’t qualify.” […]

Leah Zlatkin quoted on Storeys: ‘How Climate Change is Affecting Property Insurance, Mortgages, and Buyers’

Posted on September 23rd, 2022 by Kim Owen Aside from the property insurance delay, mortgages can also be affected by worsening climate change because mortgage lenders will often require a property appraisal before you’re approved, and may require additional appraisals in the event of extreme weather events. “Lenders want to confirm that the property is still worth what they project it to […]

Leah Zlatkin quoted in the Financial Post: ‘Pros and Cons of Fixed Vs Variable Mortgage Rates’

Posted on September 16th, 2022 by Kim Owen

Leah Zlatkin, Mortgage broker, Mortgage Outlet inc. & Lowest rates expert, lowest, talks with Financial Post’s Larysa Harapyn about the pros and cons of fixed vs variable mortgage rates.

Leah Zlatkin quoted in CTV News Atlantic: ‘Borrowing Money Just Got More Expensive in Canada’

Posted on September 8th, 2022 by Kim Owen Leah Zlatkin, a mortgage broker based in Toronto, says people who already have a mortgage will see an increase in their monthly payment or in the amount of time left in their term. Zlatikin has some advice for first-time home buyers. “There are some lenders that are still going to allow you to use […]

Leah Zlatkin quoted in the Toronto Sun: ‘Real Estate Activity Remains Muted in Face of Steep Rate Hikes’

Posted on August 31st, 2022 by Kim Owen “Right now were bracing for a hike,” said Leah Zlatkin, expert and licensed mortgage broker. “For those people who are impacted, it is a dramatic increase. But, hopefully, people have budgeted accordingly.” It is unclear exactly how many Canadians hold variable mortgage rates, which rise as the central bank hikes. But in February, […]

Leah Zlatkin quoted in the Toronto Star: ‘Bank of Canada to Hike Interest Rates Wednesday by Three Quarters of a Percentage Point, Experts Predict’

Posted on August 31st, 2022 by Kim Owen While a smaller, 50-point rise isn’t out of the question because of evidence the Canadian economy shrank slightly in July, a 75-point rise has grown more likely because of hawkish sentiments from the U.S. Federal Reserve, argued Leah Zlatkin of, a website that provides quotes for insurance, mortgages, credit cards and loans. Simply […]