Author Archive

Author Archive

Reverse Mortgages Rise in Canada as Stigma Fades

Posted on December 2nd, 2021 by Mortgage Outlet

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.

Canada’s Economy took a shocking second-quarter dive. Where will it go next?

Posted on November 3rd, 2021 by Mortgage Outlet

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. […]

Why variable-rate mortgages rule in the pandemic housing market – and maybe afterward, too

Posted on October 12th, 2021 by Mortgage Outlet

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 […]

Leah Zlatkin quoted in the Financial Post: ‘Canadians Consider Splitting A Mortgage With Friends. But it’s Complicated’

Posted on September 14th, 2021 by Mortgage Outlet

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 […]

Elan Weintraub Quoted in The Globe and Mail – Liberals’ proposed cut to federal mortgage insurance rates won’t make housing more affordable, experts say

Posted on August 28th, 2021 by Mortgage Outlet

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 […]

Michelle Farrugia and Shabnam Gill – CMP Rising Stars 2021

Posted on July 26th, 2021 by Mortgage Outlet

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 […]

Canadian mortgage debt grew by $18 billion in April, biggest monthly gain ever, StatsCan says

Posted on July 11th, 2021 by Mortgage Outlet

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 […]

Shawn Stillman Quoted on Mortgage Broker News – Is the housing market slowing down?

Posted on June 21st, 2021 by Mortgage Outlet

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 […]

Banks Find Ways Around the New Stress Test – Video

Posted on June 8th, 2021 by Mortgage Outlet

Leah Zlatkin, LowestRates.ca expert and Principal broker at Brite Mortgage speaks to Financial Post’s Larysa Harapyn about the mortgage stress test that came into effect June 1. 

Will the New Mortgage Rules Tame Canada’s Overheated Housing Market

Posted on June 5th, 2021 by Mortgage Outlet

Will the new mortgage rules tame Canada’s overheated housing market? Experts surveyed by the Star say they doubt it | The Star Asked if the stress tests and federal bank concerns would help slow home-price growth, mortgage industry expert Leah Zlatkin was much more dismissive. “My quick answer is absolutely not,” says Zlatkin, a consultant […]