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Author Archive

Leah Zlatkin featured in CMP Magazine: ‘FSRA names new Stakeholder Advisory Committee members’

Posted on August 23rd, 2024 by Mortgage Outlet

https://www.mpamag.com/ca/mortgage-industry/industry-trends/fsra-names-new-stakeholder-advisory-committee-members/502687 The Financial Services Regulatory Authority of Ontario (FSRA) has announced the appointment of new members to its Stakeholder Advisory Committees (SAC), including the mortgage brokering SAC. The new members will serve a two-year term starting in September and ending in 2026. This includes Leah Zlatkin, COO of Mortgage Outlet.

Leah Zlatkin interviewed by the Toronto Star: ‘Lenders see more homeowners pick variable-rate mortgages after Bank of Canada rate cuts’

Posted on August 14th, 2024 by Mortgage Outlet

https://www.thestar.com/real-estate/lenders-see-more-homeowners-pick-variable-rate-mortgages-after-bank-of-canada-rate-cuts/article_f6d4cbaa-5987-11ef-b163-2b3cf1f49130.html#tncms-source=login Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet, said the recent volatility in global markets combined with a weak U.S. labour report in July have intensified speculation that the Bank of Canada could cut rates up to three more times this year, leading homeowners or prospective buyers to consider variable-rate mortgages. “We could be […]

Leah Zlatkin interviewed by BNN Bloomberg: “Mortgage broker predicts higher demand for variable products amid rate cut expectations”

Posted on August 13th, 2024 by Mortgage Outlet

https://www.bnnbloomberg.ca/business/real-estate/2024/08/13/mortgage-broker-predicts-higher-demand-for-variable-products-amid-rate-cut-expectations/ “I think in the next few weeks, we’re going to see a lot of people really starting to switch to variable, especially as the news comes out that we’re expecting two to three more (interest rate) decreases this year,” Leah Zlatkin, a licensed mortgage broker and COO of Mortgage Outlet, said in an interview […]

Leah Zlatkin quoted in CMP Magazine: ‘What’s next for fixed-vs-variable mortgages?’

Posted on August 9th, 2024 by Mortgage Outlet

https://www.mpamag.com/ca/mortgage-industry/industry-trends/whats-next-for-fixed-vs-variable-mortgages/500830 Speaking with Canadian Mortgage Professional in the wake of the Bank’s latest interest rate cut, Leah Zlatkin, chief operations officer and broker at Mortgage Outlet, pointed out that there remains a notable gap between the cost of a five-year fixed and a five-year variable mortgage. “It’s still maybe not a time when people are shifting […]

Leah Zlatkin interviewed by the Toronto Star: ‘Bank of Canada interest rate cut to have little effect on real estate market, experts say’

Posted on July 31st, 2024 by Mortgage Outlet

https://www.thestar.com/real-estate/bank-of-canada-interest-rate-cut-to-have-little-effect-on-real-estate-market-experts/article_aa2184e6-492a-11ef-9626-f37be4001e75.html Mortgages rates, while lowering, are still high for many people, said Leah Zlatkin, mortgage broker and COO of Mortgage Outlet. Homeowners with a variable rate mortgage, which is tied to the Bank of Canada’s prime rate, will see an immediate impact on their mortgage payments. And for buyers interested in opting into a variable-rate […]

Leah Zlatkin quoted by BNN Bloomberg: “How will the Bank of Canada rate cut impact the real estate market?”

Posted on July 25th, 2024 by Mortgage Outlet

https://www.bnnbloomberg.ca/investing/2024/07/24/how-will-the-bank-of-canada-rate-cut-impact-the-real-estate-market/ Leah Zlatkin, a licensed mortgage broker and Mortgage Outlet COO said in a statement that the latest move by the Bank of Canada is “not likely” to “move the housing market in a significant way.” “We’ve seen a 50-basis point drop since June, but rates are still comparatively high and many potential buyers are […]

Leah Zlatkin quoted in CTV News: ‘’Buyer’s market’: What the interest rate cut could mean for Calgary homeowners’’

Posted on July 24th, 2024 by Mortgage Outlet

https://calgary.ctvnews.ca/buyer-s-market-what-the-interest-rate-cut-could-mean-for-calgary-homeowners-1.6976684 “What this means for people is that if you’re looking to go buy a home, it’s a buyer’s market right now,” Leah Zlatkin, COO of Mortgage Outlet and licensed mortgage broker, told CTV Calgary. “So if you’re going to qualify it a little bit less, or if you’re looking to qualify on a fixed […]

Leah Zlatkin quoted in the NowToronto: ‘‘It’s not enough,’ Canadians react to Bank of Canada cutting key interest rate for second straight time’

Posted on July 24th, 2024 by Mortgage Outlet

https://nowtoronto.com/news/its-not-enough-canadians-react-to-bank-of-canada-cutting-key-interest-rate-for-second-straight-time/ “Given that rates have been high for an extended period of time, any decrease is welcome news,” Licensed Mortgage Broker and COO of Mortgage Outlet, Leah Zlatkin said in a statement on Wednesday. “But this cut is not likely to be the one that moves the housing market in a significant way. We’ve seen […]

Leah Zlatkin quoted in the Yahoo Finance: ‘What this Bank of Canada rate cut today could mean for your mortgage’

Posted on July 24th, 2024 by Mortgage Outlet

https://ca.finance.yahoo.com/news/vancouver-home-sales-tumble-calgarys-173852229.html Canada’s five-year government bond yield generally follows the U.S. treasury 10-year yield, the U.S. economy has a “bigger impact” on fixed rates than BoC rate decisions, says Leah Zlatkin, a Toronto-based mortgage broker and COO of Mortgage Outlet.

Leah Zlatkin quoted in the Financial Post: ‘What mortgage shoppers in Canada need to know’

Posted on July 24th, 2024 by Mortgage Outlet

https://financialpost.com/real-estate/mortgages/what-mortgage-shoppers-in-canada-need-to-know Zlatkin, a broker with Mortgage Outlet Inc., outlines the pros and cons on longer amortizations, the best length of term and variable versus fixed rates. Spoiler: A three-year fixed mortgage is looking like a “safe bet.”