https://www.thestar.com/business/personal-finance/hoping-to-walk-away-from-a-new-construction-deal-experts-chime-in-on-your-options/article_eacc7800-5eb1-5685-bac7-9bfe4217e7b3.amp.html Elan Weintraub says a common misconception is that breaching a contract means you only lose your deposit. That’s not the case. “Even with a high income, if the house only appraises for $2 million and you pay $2.5 million, you need to come up with an extra $500,000 on top of the 20 per […]

https://www.bnnbloomberg.ca/what-mortgage-owners-need-to-know-about-the-latest-bank-of-canada-rate-hold-1.1967981 Leah Zlatkin, a mortgage broker and expert with LowestRates.ca, said in a Wednesday interview with BNNBloomberg.ca that the rate hold may “come as a great relief” to many variable-rate mortgage owners. In the current environment, she said she recommends three-year fixed products to many clients, depending on their needs. Zlatkin said individuals may struggle […]

https://torontosun.com/news/national/mixed-reaction-from-mortgage-brokers-on-bank-of-canada-rate Mortgage broker and LowestRates.ca expert Leah Zlatkin thinks maintaining the rate does help “many variable mortgage holders who were worried and bracing for an increase.” “This is good news,” said Zlatin. “We still don’t know what’s going to happen at the next BOC update on Oct. 25. We’ve got two CPI (Consumer Price Index […]

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.

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 […]

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” […]

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 […]

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 […]

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 […]

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.