Author Archive

Author Archive

Variable Rates in 2022: What’s in Store Canadian Mortgage Professional (CMP) TV

Posted on March 3rd, 2022 by Mortgage Outlet

https://www.mpamag.com/ca/tv/variable-rates-in-2022-whats-in-store/327013 With markets pricing in multiple Bank of Canada rate increases in 2022, could the popularity of variable rates take a hit? Leah Zlatkin, mortgage broker at Mortgage Outlet and LowestRates.ca expert, talks us through what could be in the cards this year.

What Rate Hikes Mean for the Housing Market Financial Post

Posted on January 28th, 2022 by Mortgage Outlet

https://financialpost.com/real-estate/mortgages/what-rate-hikes-mean-for-the-housing-market Leah Zlatkin, mortgage broker with Mortgage Outlet, talks with the Financial Post’s Larysa Harapyn about how rate hikes will impact your mortgage payment and the housing market as a whole.

This is What a Rate Hike Will Cost Homeowners The Globe and Mail

Posted on January 25th, 2022 by Mortgage Outlet

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 […]

Some Homeowners Spend More Time Planning Vacations than Reviewing Their Mortgage Survey Finds CTV News

Posted on January 20th, 2022 by Mortgage Outlet

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 […]

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 […]