Author Archive

Author Archive

Leah Zlatkin interviewed by the Financial Post: “Variable and fixed mortgage rates are rising”

Posted on September 2nd, 2023 by Mortgage Outlet

https://financialpost.com/real-estate/mortgages/variable-fixed-mortgage-rates-rising Leah Zlatkin, mortgage broker and lowest rates expert, talks with Financial Post’s Larysa Harapyn about how variable and fixed mortgage rates are rising. Zlatkin discusses what kind of mortgages people are looking for and more.

Leah Zlatkin quoted in Global News: ‘Mortgage stress looms over Canada’s big banks. What they — and consumers — can do’

Posted on September 1st, 2023 by Mortgage Outlet

https://globalnews.ca/news/9932361/mortgages-renewals-canada-banks-amortizations/ Mortgage broker and Lowestrates.ca expert Leah Zlatkin tells Global News that there’s a lot of “uncertainty” in the mortgage space right now as clients approach renewals and the Bank of Canada’s interest rate hike cycle remains active. Regardless of where the Bank of Canada’s rates are going, Zlatkin says the first step for any […]

Leah Zlatkin featured on CP24 “Higher Rates could stay well up to 2024”

Posted on August 24th, 2023 by Mortgage Outlet

https://www.cp24.com/video?clipId=2749655&playlistId=null&binId=1.1127680&playlistPageNum=1 Leah Zlatkin, Mortgage Broker and COO at Mortgage Outlet says that she is expecting another hike before march of next year. She is still hopeful that things are going to start coming down over the next 4 years. “But if you have a variable mortgage, it’s likely to remain elevated for a little while” […]

Leah Zlatkin interviewed by BNN Bloomberg: “As FCAC released new guidelines to protect mortgage owners, brokers say defaults still possible”

Posted on July 29th, 2023 by Mortgage Outlet

https://www.bnnbloomberg.ca/as-fcac-released-new-guidelines-to-protect-mortgage-owners-brokers-say-defaults-still-possible-1.1947789 Leah Zlatkin, a mortgage broker and expert with LowestRates.ca, said in an interview with BNNBloomberg.ca Monday that despite outsized increases to interest rates, Canadians have largely been making their mortgage payments. However, she said that low mortgage delinquency rates are occurring among A-lenders, and it is less clear what is taking place among B-lenders […]

Leah Zlatkin quoted in CTV News: ‘Man spends 6 months protesting at RBC headquarters claiming mistake made on his mortgage’

Posted on July 21st, 2023 by Mortgage Outlet

https://toronto.ctvnews.ca/man-spends-6-months-protesting-at-rbc-headquarters-claiming-mistake-made-on-his-mortgage-1.6460445 Leah Zlatkin, a mortgage broker with Mortgage Outlet, said many Canadians are feeling the pinch of higher mortgage payments due to rising interest rates. “We don’t know if this is the end of variable rate hikes,” said Zlatkin. Zlatkin said you must have a complete and thorough understanding of any mortgage document before signing […]

Leah Zlatkin interviewed by BNN Bloomberg: “What mortgage owners need to know about the Bank of Canada’s rate hike”

Posted on June 21st, 2023 by Mortgage Outlet

https://www.bnnbloomberg.ca/what-mortgage-owners-need-to-know-about-the-bank-of-canada-s-rate-hike-1.1930184 The Bank of Canada’s surprise decision to raise interest rates will bring about higher mortgage costs, according to experts. Leah Zlatkin, a mortgage broker and expert with LowestRates.ca, said in an interview with BNNBloomgerg.ca Wednesday, the recent policy announcement will likely drive fixed rates higher due to the “effect on the Canada five-year government […]

Leah Zlatkin quoted in CMP Magazine: ‘Why the role of mortgage brokers is more important than ever’

Posted on June 16th, 2023 by Mortgage Outlet

https://www.mpamag.com/ca/mortgage-industry/industry-trends/why-the-role-of-mortgage-brokers-is-more-important-than-ever/449881 Borrowers who are struggling to qualify in the current environment are largely having to choose five-year fixed products despite those sometimes not being great options, Mortgage Outlet COO, Leah Zlatkin said.      

Leah Zlatkin quoted in CMP Magazine: ‘Rates rise again – what’s changed for brokers?’

Posted on June 14th, 2023 by Mortgage Outlet

https://www.mpamag.com/ca/mortgage-industry/industry-trends/rates-rise-again-whats-changed-for-brokers/449261 Little has changed in terms of the best advice for clients despite that rate jump, Zlatkin said. “I’ve been telling people two- and three-year fixed [are the best options] for a while now. That’s still the line that I’m going to tell with many of my clients,” she explained. However, five-year Government of Canada […]

Leah Zlatkin Quoted in the Globe and Mail: “Latest interest rate hike jolts Toronto real estate market”

Posted on June 14th, 2023 by Mortgage Outlet

https://www.theglobeandmail.com/real-estate/toronto/article-latest-interest-rate-hike-jolts-toronto-real-estate-market/ The recent interest rate hike by the Bank of Canada, raising the benchmark rate to 4.75%, has caused surprise and concern among Toronto-area real estate market participants. One immediate effect, predicts Leah Zlatkin, a mortgage broker and expert with LowestRates.ca., is that many potential buyers with preapproved mortgage agreements will rush to use them within […]

Leah Zlatkin quoted in CMP Magazine: ‘Canada housing market: What’s in store for the rest of 2023?’

Posted on June 8th, 2023 by Mortgage Outlet

https://www.mpamag.com/ca/mortgage-industry/industry-trends/canada-housing-market-whats-in-store-for-the-rest-of-2023/449576 Mortgage Outlet broker and chief operating officer Leah Zlatkin (pictured top) told Canadian Mortgage Professional that two weeks prior to the Bank’s latest decision, she would have forecast a “red-hot market” with prices continuing to rise and activity ramping up, but said the outlook is now more uncertain following the rate hike. “We saw people starting to […]