Leah Zlatkin featured in CMP Magazine: ‘Mortgage industry, economist reaction pours in as BoC reveals latest decision’

“Affordability stays exactly where it is with today’s hold, and that consistency is meaningful for buyers,” said Leah Zlatkin, licensed mortgage broker.

“Many who’ve been waiting for clearer direction see a hold as confirmation that we’re at the bottom of the rate cycle. That sense of predictability often encourages buyers to act before spring competition picks up.”

“Five‑year bond yields have climbed in recent weeks,” Zlatkin said. “That movement is pushing fixed rates higher, and in the last four days we’ve seen promotional specials disappear as lenders reprice.”

Variable rates, she added, remain cheaper than comparable fixed products, but she cautioned that they “may not fall much further, and over the next five years they could rise above today’s fixed rates.”