https://torontosun.com/life/homes/coming-up-short Like many new condo purchasers in the city of Toronto, they find themselves in the “inconvenient experience” of buying during a market peak and closing during a market dip, a scenario that forced them to get creative with financing, says mortgage broker and LowestRates.ca expert Leah Zlaktin. “They wanted to move in on occupancy […]

https://www.bnnbloomberg.ca/getting-the-lowest-mortgage-rates-in-a-high-interest-rate-world-1.2060854 Borrowers need to be wary of what seems like too great a rate, said Leah Zlatkin, mortgage broker and LowestRates.ca expert. “There’s certain mortgages out there that are very specialized products that offer you insanely low rates, but you have to sell the property or die to get out of that mortgage.” Some lenders […]

https://globalnews.ca/news/10430202/budget-2024-buying-a-home-affordability/ Leah Zlatkin, a mortgage broker and expert with lowestrates.ca, said in a release Tuesday that these changes might have a limited impact in the housing market because they only apply to insured mortgages and new builds. Insured mortgages typically only apply when a homebuyer puts less than 20 per cent of a home’s purchase […]

https://www.bnnbloomberg.ca/how-will-the-bank-of-canada-s-interest-rate-decision-impact-real-estate-1.2057495 “This rate hold may give more Canadian buyers the confidence to purchase a home now, believing that interest rates will either remain the same or decrease later in the year,” Leah Zlatkin, an expert with LowestRates.ca and licensed mortgage broker, said in a statement to BNNBloomberg.ca Wednesday. She highlighted that housing inventory in the […]

https://www.theglobeandmail.com/real-estate/toronto/article-for-real-estate-preconstruction-buyers-a-hard-truth/ Leah Zlatkin, mortgage broker with Mortgage Outlet, says investors who buy condos with the intention of selling in the assignment market typically ensure that a clause in the contract allows them to do so. Many exit before the building is complete. She’s seeing an influx of buyers who intended to live in the unit […]

http://my.tvey.es/y8X5F  Leah Zlatkin, expert at lowestrates.ca and a licensed mortgage broker says “Most condos or most preconstruction properties are not assignable so it’ll say right in your contract that you can’t assign this property” Zlatkin adds “This being said, realtors will negotiate on their behalf and they will have an assignment clausee which is great fallback option. If you don’t have […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/homebuyers-urged-to-enter-market-as-spring-approaches/481568 According to Leah Zlatkin, a mortgage broker associated with LowestRates.ca, the upcoming spring market is going to be “very hot” due to accumulated demand. The heightened demand comes as a backlog of buyers hold off on making purchase in anticipation of rate cuts that economists have projected to occur around June. But Zlatkin noted […]

https://rates.ca/resources/mortgage-temperature-check-canadians-watching-turning-point-housing-market Michelle Farrugia, mortgage broker and director of sales at Mortgage Outlet Inc. shares two popular options that make the most sense in today’s mortgage market – a 3-year fixed or a variable rate, depending on your risk tolerance. “The one and two-year terms are priced at or higher than the variable rate on most products, and choosing […]

https://financialpost.com/real-estate/homebuyers-should-jump-into-the-market-before-interest-rates-go-down-says-expert The spring housing market is expected to be “very hot” because of the pent-up demand for properties, said mortgage broker and Lowest Rates expert Leah Zlatkin. “There are many people who are ready and poised to buy right now,” Zlatkin said in a recent interview with the Financial Post’s Larysa Harapyn. “For those people who […]

https://mms.tveyes.com/MediaView/?c3RhdGlvbj0xNDc4MCZTdGFydERhdGVUaW1lPTAzJTJmMDklMmYyMDI0KzIxJTNhMjglM2EyNSZFbmREYXRlVGltZT0wMyUyZjA5JTJmMjAyNCsyMSUzYTMwJTNhMjEmJiZkdXJhdGlvbj01MzUxNSZwYXJ0bmVyaWQ9NzMxMyYmaGlnaGxpZ2h0cmVnZXg9JTVjYmxvd2VzdCtyYXRlcytkb3QrQ0ElNWNiJm1vZGVkaXRvcmVuYWJsZT10cnVlJm1vZGVkaXRvcmRlc3RpbmF0aW9ucz00JiZleHBpcmF0aW9uPTA0JTJmMDglMmYyMDI0KzIxJTNhMjglM2EyNS4wMDAmaW5zdGFudFBsYXk9VHJ1ZSZzaWduYXR1cmU9ZDgzODQ5ODUwN2RmZDJkZGNmYmFjZWI5NjI3NmI5MDA=# “Bank of Canada rates really only impact variable-rate for the most part” says Leah Zlatkin, a mortgage expert at lowestrates.ca. “We are still seeing fix rates that are down from about 6 months ago, we got stuck at around 5% right now. That’s very reasonable compared to where they were previously, certainly for people coming into renewal.”