https://www.bnnbloomberg.ca/business/real-estate/2024/07/04/buyers-finding-opportunities-in-torontos-housing-market-amid-high-mortgage-rates-broker/ Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet, said that after the Bank of Canada lowered its policy rate in June by 25 basis points, “we saw a flood of new listings enter the market.” “But persistently high mortgage rates mean buyers are biding their time and aren’t in a hurry to […]

https://financialpost.com/real-estate/bank-of-canada-opens-door-variable-rate-mortgages The latest announcement is going to stimulate the market, said mortgage broker and COO at Mortgage Outlet, Leah Zlatkin. “What this does is decrease the rates at most of our variable lenders by 25 basis points” Zlatkin said in a recent interview with the Financial Post’s Larysa Harapyn. “So those rates are down to […]

https://www.youtube.com/watch?v=MbTrP97NTCk Leah Zlatkin, COO of Mortgage Outlet says theres two things we need to keep in mind: “If you are or were looking to qualify with variable rate mortgage, you’re going to qualify for slightly more than you would have before and if you’re a fixed rate mortgage holder, this doesn’t really impact you at […]

https://www.mpamag.com/ca/specialty/alternative-lending/will-the-growth-of-alternative-lending-in-canada-continue/491096 Mortgage Outlet chief operations officer and broker Leah Zlatkin said building a strong understanding of the space, and lenders’ varying appetites for different deal types, was of paramount importance for brokers. “There are so many lenders in the MIC space, in the private space – it’s always a good idea to understand what people’s […]

https://shorturl.at/myEG8 Leah Zlatkin of Mortgage Outlet says it’s a good time to buy. “Right now, we are seeing record levels of listings and seeing the sale prices go up slightly from march, but year-over-year, we are looking at a lower sale prices for homes” Zlatkin says. “In the GTA, prices are hovering over a million […]

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 Leah Zlaktin. “They wanted to move in on occupancy but the finances didn’t […]

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 COO of Mortgage Outlet. “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.” […]

https://globalnews.ca/news/10430202/budget-2024-buying-a-home-affordability/ Leah Zlatkin, a mortgage broker and COO of Mortgage Outlet, 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 […]

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, a licensed mortgage broker, said in a statement to BNNBloomberg.ca Wednesday. She highlighted that housing inventory in the Greater Toronto Area remains […]

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 […]