Author Archive

Author Archive

Leah Zlatkin quoted in the Financial Post: ‘Trouble in ‘Mortgage Land’ as Higher Borrowing Rates Weigh and Refinancings Dry Up’

Posted on August 8th, 2022 by Kim Owen Leah Zlatkin, expert and licensed mortgage broker, said she is seeing a shake-up in the types of clients she sees. Clients seeking new mortgage originations have tended to be less conventional and require more flexibility. One example: the number of mortgage-seekers in the gig economy who are moving towards private financing. “I think […]

Leah Zlatkin quoted in the Financial Post: ‘Vancouver Home Sales Tumble, Calgary’s Slide as Rising Rates and Uncertainty Take Toll’

Posted on August 3rd, 2022 by Kim Owen While many in the real estate industry have blamed rising interest rates for the drop in demand, Leah Zlatkin, expert and licensed mortgage broker, said the pause in home buying has more to do with the risk of a recession and overall uncertainty. “You have to be cautious in assuming that a Bank […]

Leah Zlatkin quoted in Global News: ‘Inflation, High Rates Putting Big Purchases on Hold? How to Budget for Must-Buys’

Posted on July 28th, 2022 by Kim Owen

Inflation, high rates putting big purchases on hold? How to budget for must-buys Despite rising interest rates pushing monthly mortgage payments higher, the resulting cooldown in the housing market might actually make it a good time for some buyers to get into a home, according to Leah Zlatkin, a mortgage broker and expert with […]

Leah Zlatkin quoted in CTV News: ‘Missed a Mortgage Payment? Here are Next Steps You Should Take’

Posted on July 21st, 2022 by Kim Owen Missed mortgage payments, otherwise known as mortgage delinquency, isn’t common in Canada, according to data compiled by the Canada Mortgage and Housing Corporation (CMHC). In the first quarter of 2022, the country’s mortgage delinquency rate was 0.18 per cent, down from 0.38 per cent in 2012. Still, for those who may be likely to […]

Leah Zlatkin quoted in the Toronto Sun: ‘Would-be Homebuyers Should Confirm Mortgage Pre-approvals, Says Broker’

Posted on July 13th, 2022 by Kim Owen “If you were qualified several weeks ago, you need to be very conscious of this, and you need to make sure you get pre-approved again,” said mortgage broker Leah Zlatkin, “You likely have to re-qualify for a property that you would have been pre-approved for a mortgage on.” With rates pushed up by […]

Leah Zlatkin quoted on BNN Bloomberg: ‘How the Bank of Canada’s Rate Hike Will Impact Mortgages, Loans and Spending’

Posted on July 13th, 2022 by Kim Owen Leah Zlatkin, a licensed mortgage broker with, said in a release that every $100,000 someone holds in a variable rate mortgage will result in about $55 more in costs per month. Based on the Canadian Real Estate Association’s average home price of $711,000 in May, a variable rate of 2.7 per cent will […]

Shawn Stillman quoted in The Globe and Mail: ‘Mortgage Rundown: A sinking real estate market requires fast appraisals’

Posted on July 7th, 2022 by Kim Owen “Get the appraisal done the day after you buy a home,” says Shawn Stillman, Mortgage Broker and co-founder of Mortgage Outlet. Ordering an appraisal as soon as possible eliminates the mortgage risk of prices deprecating before closing. By the way, this is also imperative if you’re refinancing and want the maximum 80 per cent […]

Leah Zlatkin quoted in Global News: ‘1 in 4 Homeowners Say Rising Mortgage Rates Could Push them to Sell’

Posted on June 13th, 2022 by Kim Owen

1 in 4 homeowners say rising mortgage rates could push them to sell: survey Leah Zlatkin, a mortgage broker and expert at, says even in the lean years, most household budgets should be able to accommodate even large jumps in the Bank of Canada’s interest rates. She cites the mortgage stress test and the […]

Leah Zlatkin quoted on the Stress Test Podcast (Globe & Mail): ‘Tempted to Buy a Home with Siblings or Friends? Here’s What you Need to Know’

Posted on June 8th, 2022 by Kim Owen Most people buy homes with their partners or by themselves. But others are ditching the traditional paradigm. Today, we’re talking about unconventional homebuyers: family members, friends and others that team up to get into the property market. We hear from two sisters who are trying to buy a house together – and who are […]

Leah Zlatkin quoted in the Toronto Sun: ‘GTA Home Market Continues to Soften As Rate Hikes Continue’

Posted on June 1st, 2022 by Kim Owen “Canadian homeowners and hopeful buyers are readjusting their monthly budgets and affordability expectations after each of these increases,” says Leah Zlatkin, broker with “While this change may be difficult to manage alongside other increased costs of living right now, it’s important to remember that before the pandemic the overnight rate was at 1.75 […]