Author Archive

Author Archive

Leah Zlatkin featured on CP24 “Home-owners are running into issues with Pre-construction Buys”

Posted on March 25th, 2024 by Mortgage Outlet

http://my.tvey.es/y8X5F  Leah Zlatkin, COO at Mortgage Outlet and a licensed mortgage broker says “Most condos or most preconstruction properties are not assignable so it’ll say right in your contract that you can’t assign this property” Zlatkin adds “This being said, realtors will negotiate on their behalf and they will have an assignment clausee which is great fallback option. If you […]

Leah Zlatkin quoted in CMP Magazine: ‘Homebuyers urged to enter market as spring approaches’

Posted on March 18th, 2024 by Mortgage Outlet

https://www.mpamag.com/ca/mortgage-industry/industry-trends/homebuyers-urged-to-enter-market-as-spring-approaches/481568 According to Leah Zlatkin, a mortgage broker associated with Mortgage Outlet, the upcoming spring market is going to be “very hot” due to accumulated demand. The heightened demand comes as a backlog of buyers hold off on making purchase in anticipation of rate cuts that economists have projected to occur around June. But Zlatkin […]

Michelle Farrugia quoted by Rates.ca: ‘Mortgage temperature check: Canadians watching for a turning point in the housing market’

Posted on March 17th, 2024 by Mortgage Outlet

https://rates.ca/resources/mortgage-temperature-check-canadians-watching-turning-point-housing-market Michelle Farrugia, mortgage broker and director of sales at Mortgage Outlet Inc. shares two popular options that make the most sense in today’s mortgage market – a 3-year fixed or a variable rate, depending on your risk tolerance. “The one and two-year terms are priced at or higher than the variable rate on most products, and choosing […]

Leah Zlatkin interviewed by the Financial Post: ‘Homebuyers should jump into the market before interest rates go down, says expert’

Posted on March 17th, 2024 by Mortgage Outlet

https://financialpost.com/real-estate/homebuyers-should-jump-into-the-market-before-interest-rates-go-down-says-expert The spring housing market is expected to be “very hot” because of the pent-up demand for properties, said mortgage broker and COO of Mortgage Outlet, Leah Zlatkin. “There are many people who are ready and poised to buy right now,” Zlatkin said in a recent interview with the Financial Post’s Larysa Harapyn. “For those people […]

Leah Zlatkin interviewed by CityNews: ‘Impact of Bank of Canada Rates’

Posted on March 9th, 2024 by Mortgage Outlet

https://mms.tveyes.com/MediaView/?c3RhdGlvbj0xNDc4MCZTdGFydERhdGVUaW1lPTAzJTJmMDklMmYyMDI0KzIxJTNhMjglM2EyNSZFbmREYXRlVGltZT0wMyUyZjA5JTJmMjAyNCsyMSUzYTMwJTNhMjEmJiZkdXJhdGlvbj01MzUxNSZwYXJ0bmVyaWQ9NzMxMyYmaGlnaGxpZ2h0cmVnZXg9JTVjYmxvd2VzdCtyYXRlcytkb3QrQ0ElNWNiJm1vZGVkaXRvcmVuYWJsZT10cnVlJm1vZGVkaXRvcmRlc3RpbmF0aW9ucz00JiZleHBpcmF0aW9uPTA0JTJmMDglMmYyMDI0KzIxJTNhMjglM2EyNS4wMDAmaW5zdGFudFBsYXk9VHJ1ZSZzaWduYXR1cmU9ZDgzODQ5ODUwN2RmZDJkZGNmYmFjZWI5NjI3NmI5MDA=# “Bank of Canada rates really only impact variable-rate for the most part” says Leah Zlatkin, a mortgage expert at Mortgage Outlet. “We are still seeing fix rates that are down from about 6 months ago, we got stuck at around 5% right now. That’s very reasonable compared to where they were previously, certainly for people coming into […]

Elan Weintraub Quoted in the Globe and Mail: “BoC Interest rate decision could bring homebuyers back to the market”

Posted on March 8th, 2024 by Mortgage Outlet

https://www.theglobeandmail.com/business/article-real-estate-housing-news-mar-9/ Elan Weintraub, co-founder of Mortgage Outlet Inc., said there were 20 offers on one detached house in the Toronto suburbs in February. “Bidding wars are back,” he said. Real estate experts said the BoC’s decision has led to more activity. There is now even competition for some types of properties, such as houses.

Leah Zlatkin quoted in CMP Magazine: ‘Steady interest rates prompt rush home purchases in GTA’

Posted on March 7th, 2024 by Mortgage Outlet

https://www.mpamag.com/ca/mortgage-industry/industry-trends/steady-interest-rates-prompt-rush-home-purchases-in-gta/480168 The Bank of Canada’s decision to hold the overnight rate steady at 5% is sparking a surge in demand among homebuyers in the Greater Toronto Area (GTA) as noted by Mortgage Outlet mortgage expert Leah Zlatkin. “Despite the Bank of Canada’s decision to keep the rate stable, we’re witnessing a surge in demand within […]

Leah Zlatkin interviewed by the Financial Post: ‘Canada poised for a ‘very hot’ housing market this spring’

Posted on March 7th, 2024 by Mortgage Outlet

https://financialpost.com/real-estate/mortgages/housing-market-spring-very-hot-canada Leah Zlatkin, mortgage broker and COO of Mortgage Outlet, talks to the Financial Post’s Larysa Harapyn about how shelter inflation is affecting the Bank of Canada’s decision to cut rates, what to expect from the spring housing market and who should consider buying a home right now. She also offers insights on how to choose the best mortgage. […]

Leah Zlatkin quoted by CBC News: “First-time homebuyer incentive is discontinued, says federal housing agency”

Posted on March 2nd, 2024 by Mortgage Outlet

https://www.cbc.ca/news/business/first-time-home-buyers-incentive-discontinued-1.7130966 “We had a lot of young Canadians asking about this program,” said Leah Zlatkin, a mortgage broker in Toronto. However, applicants were required to meet specific criteria — including qualifications related to annual income and cash savings —  that made the program restrictive. Only two of Zlatkin’s clients qualified for it in the entire time that […]

Leah Zlatkin quoted in CMP Magazine: ‘Toronto’s real estate market heats up amid rate cut rumours’

Posted on February 28th, 2024 by Mortgage Outlet

https://mpamag.com/ca/mortgage-industry/market-updates/torontos-real-estate-market-heats-up-amid-rate-cut-rumours/479235 COO of Mortgage Outlet, Leah Zlatkin observed a marked increase in buyer interest: “Interest has picked up and we’re seeing a significant uptick in pre-approvals, though purchases are still lagging mainly due to continued tight supply. We are hearing of bidding wars for some desirable properties.” She also highlighted the recent dip in fixed […]