https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-this-is-what-a-rate-hike-will-cost-homeowners Someone with a HELOC balance of $142,000 at an interest rate of 2.7 per cent would see their monthly payments of principal and interest inch up from $650 to $668, a difference of $18 a month, or $216 a year, according to LowestRates. Still, several factors might soften the short-term financial blow of rising […]

https://toronto.ctvnews.ca/some-homeowners-spend-more-time-planning-vacations-than-reviewing-their-mortgage-survey-finds-1.5748518 Leah Zlatkin is a mortgage broker with Mortgage Outlet and agrees people should spend more time understanding their mortgage agreements. “The majority of people out there find personal finances and mortgages outside their comfort zone,” said Zlatkin. The survey also found 74 per cent feel more should be done to educate people on mortgages […]

https://www.msn.com/en-ca/money/topstories/reverse-mortgages-rise-in-canada-as-stigma-fades/ar-AARoIeB Leah Zlatkin, mortgage broker, talks with Financial Post’s Larysa Harapyn about how reverse mortgages are becoming more common in Canada and walks us through how they work.

as/https://www.thestar.com/business/2021/09/18/canadas-economy-took-a-shocking-second-quarter-dive-where-will-it-go-next.html?rf “The best way to put this is think of it like a hot summer day versus a sweltering summer day,” says mortgage industry specialist Leah Zlatkin. “So it had been a sweltering summer (in the first quarter) when it comes to real estate, and now quarter two was a hot summer day,” says Zlatkin. […]

https://www.theglobeandmail.com/investing/personal-finance/article-why-variable-rate-mortgages-rule-in-the-pandemic-housing-market-and/ Mortgage-industry estimates of the percentage of people who break a mortgage before maturity range from 33 per cent to 60 per cent. “People underestimate how much life circumstances can change in five years,” said Leah Zlatkin, mortgage expert for LowestRates.ca and principal broker at Brite Mortgage Inc. “There could be a relationship issue, there […]

https://financialpost.com/real-estate/mortgages/canadians-consider-splitting-a-mortgage-with-friends-but-its-complicated Before signing that mortgage agreement with a group of buddies, there’s a few things you should take into consideration. “There’s quite a bit of a legal back-end that you need to take care of…” Leah Zlatkin, LowestRates.ca expert and mortgage broker, told the Financial Post. “You’d probably want to have a contract with a […]

https://www.theglobeandmail.com/business/article-liberals-proposed-cut-to-federal-mortgage-insurance-rates-wont-make/ A Liberal Party promise to cut federal mortgage insurance rates by 25 per cent is unlikely to make housing more affordable, but will increase risks for taxpayers, industry experts say. The proposed cut to the cost of Canada Mortgage and Housing Corp. (CMHC) insurance is one of a number of election campaign promises announced […]

https://www.mpamag.com/ca/best-in-mortgage/rankings/rising-stars-2021/288849 THE LEADERS OF TOMORROW CMP spotlights 63 up-and-coming young professionals who are making waves in the Canadian mortgage industry. Starting out in the mortgage industry can be daunting for young professionals at the best of times. While potentially hugely rewarding, the industry can also be intense and demanding, with an often-heavy work-load and a […]

https://www.cbc.ca/news/business/mortgage-debt-1.6071190 Leah Zlatkin, a housing market expert with Mortgage Outlet in Toronto, says growing mortgage debt makes perfect sense considering what’s happening in the housing market right now. Home prices continue to climb to an average of just over $688,000 last month — a figure that has increased by 38 per cent in the past […]

https://www.mpamag.com/ca/news/general/is-the-housing-market-slowing-down/287535 Speaking with Mortgage Broker News, Shawn Stillman (pictured), principal broker and co-founder at Mortgage Outlet, said that an eventual cooling off in the market was inevitable, with prospective homebuyers repeatedly frozen out in the hyperactive bidding process. “What I think is happening is that buyers have gotten frustrated with the market because they were […]