Blog Article

Saturday, 09 March 2024

By Mortgage Outlet

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

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 lowestrates.ca. “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 renewal.”