https://www.thestar.com/real-estate/homeowners-with-variable-rate-mortgages-get-relief-with-jumbo-bank-of-canada-rate-cut-and/article_a4ecf11a-b73c-11ef-8b91-ef72523e7a80.html “The rate cut is good news for current variable-rate mortgage holders,” said Leak Zlatkin, licensed mortgage broker and COO of Mortgage Outlet. “They’ll see an immediate decrease in their monthly payments, providing some relief amidst the rising cost of living. This also frees up some cash flow, which can be used for other financial […]

https://financialpost.com/real-estate/bank-of-canada-rate-cut-boost-housing-market Leah Zlatkin, a mortgage broker and COO of Mortgage Outlet, described the current real estate market as dynamic but challenging. “Homebuyers in the GTA (Greater Toronto Area) face a dilemma of strong sales and rising prices alongside economic uncertainty and affordability concerns,” she said. Zlatkin warned that today’s rate cut might intensify competition, potentially […]

https://nowtoronto.com/news/bank-of-canada-drops-overnight-rate-to-3-25-in-fifth-straight-cut/ Licensed mortgage broker and COO of Mortgage Outlet, Leah Zlatkin says homebuyers are facing a dilemma right now. “We’re seeing strong sales and rising home prices, but there’s also a sense of caution in the air with economic uncertainty and affordability concerns. It’s a dynamic market where both opportunity and risk are present. Ultimately, the […]

https://www.blogto.com/city/2024/12/bank-canada-lowers-key-interest-rate/ Licensed mortgage broker and COO of Mortgage Outlet, Leah Zlatkin says homebuyers are facing a dilemma right now. “We’re seeing strong sales and rising home prices, but there’s also a sense of caution in the air with economic uncertainty and affordability concerns,” she shared in an email. “It’s a dynamic market where both opportunity and […]

https://dailyhive.com/calgary/boc-interest-rate-cut-december-11 Licensed mortgage broker and COO of Mortgag Outlet, Leah Zlatkin says homebuyers are facing a dilemma right now. “We’re seeing strong sales and rising home prices, but there’s also a sense of caution in the air with economic uncertainty and affordability concerns,” she shared in an email. “It’s a dynamic market where both opportunity […]

https://www.blogto.com/real-estate-toronto/2024/12/toronto-housing-market-heating-up-again/ “If the Bank of Canada continues its trend of lowering interest rates and the new mortgage rules prove effective, we could see a further increase in housing demand. This could drive prices even higher in 2025, making now an opportune time to buy before the market becomes even more competitive,” Licenced mortgaged broker and […]

https://torontosun.com/life/homes/mortgage-delinquencies-could-continue-rising If your mortgage is coming up for renewal, you may be wondering if you should opt for a fixed or variable mortgage rate. Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet, suggests switching to a fixed-rate mortgage at renewal could provide much-needed stability and budget predictability in these uncertain times. According to […]

https://www.bnnbloomberg.ca/business/real-estate/2024/11/21/mortgage-stress-test-changes-to-increase-lender-competition-real-estate-experts/ The Office of the Superintendent of Financial Institutions (OSFI) announced Thursday that uninsured mortgage straight switches will be exempt from the minimum qualifying rate (MQR). OSFI previously stated in September that it would ease stress test requirements for uninsured mortgages when switching providers, stating its intentions at the time to formally communicate the change in its Nov. 21 […]

https://www.mpamag.com/ca/mortgage-industry/market-updates/mortgage-brokers-anticipate-fierce-competition-as-housing-market-heats-up/514500 “We’ve seen a notable surge in sales alongside a decline in new listings,” Leah Zlatkin, a licensed mortgage broker and COO of Mortgage Outlet, said in an interview with BNNBloomberg.ca. “This, combined with new mortgage rules coming into effect on December 15 and the Bank of Canada’s anticipated rate cuts next month, will further heat […]

https://www.bnnbloomberg.ca/business/real-estate/2024/11/18/mortgage-brokers-expect-more-competition-as-buyers-re-enter-housing-market/ “We’ve seen a notable surge in sales alongside a decline in new listings. This, combined with new mortgage rules coming into effect on Dec. 15 and the Bank of Canada’s anticipated rate cuts next month, will further heat up competition,” Leah Zlatkin, a licensed mortgage broker and COO of Mortgage Outlet, said in a […]