Interest rates have been on a rollercoaster ride over the past year and have skyrocketed beyond expectations. The Bank of Canada promised low rates for a long time, but this has not been the case. The increasing mortgage rates and payments are putting homeowners under immense financial pressure and are a cause for concern. At […]

In a down market, buyers have the advantage, but it is still important to be well prepared and informed. Here are 7 tips for buying a home for less in a down market: Do Your Homework: Research the area and price range to get an idea of what is considered excessive or low. Utilize your […]

Winter weather can be tough on your home, and proper maintenance is essential to protect it from damage and ensure a comfortable living environment. Here’s a list of internal and external tasks to keep in mind for winter home maintenance. Internal Tasks Keep interior doors open during deep cold spells (below 15 degrees for more […]

https://www.ctvnews.ca/video?clipId=2584987&jwsource=em Mortgage Outlet director Elan Weintraub discusses Canada’s mortgage stress test and why he thinks it should remain even as rates rise.  

https://financialpost.com/real-estate/mortgages/mortgage-defaults-housing-market-broker  Leah Zlatkin, mortgage broker and expert at lowestrates.ca, talks with Financial Post’s Larysa Harapyn about how mortgage defaults are starting to hit the market. “The prime rate has gone up. So what we’re going to see in terms of the prime rate is that it has gone up from 5.95 at most major banks […]

https://www.bnnbloomberg.ca/what-mortgage-owners-need-to-know-about-the-bank-of-canada-hike-1.1856200 “A trigger rate is reached when a homeowner’s mortgage payment no longer covers interest accrued since the previous payment.” “Many Canadians are approaching their trigger point, at which point you need to start looking at do I make a lump sum payment into my mortgage? Do I increase my payment amount or do I […]

https://www.bnnbloomberg.ca/what-mortgage-owners-need-to-know-about-the-bank-of-canada-hike-1.1856200 “A trigger rate is reached when a homeowner’s mortgage payment no longer covers interest accrued since the previous payment. “Many Canadians are approaching their trigger point, at which point you need to start looking at do I make a lump sum payment into my mortgage? Do I increase my payment amount or do I […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/what-are-brokers-looking-for-from-lenders-in-2023/429079 “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 […]

https://globalnews.ca/video/9308136/ask-an-expert-managing-your-mortgage Mortgage broker and expert Leah Zlatkin talks about some ways you can better manage your money, including paying down your mortgage more quickly.

https://www.bnnbloomberg.ca/what-mortgage-brokers-are-seeing-with-renewals-amid-rate-hikes-1.1840808 Leah Zlatkin, a mortgage broker working in Toronto and expert with LowestRates.ca, 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 […]