Blog Article

Wednesday, 28 February 2024

By Mortgage Outlet

Leah Zlatkin quoted in CMP Magazine: ‘Toronto’s real estate market heats up amid rate cut rumours’

https://mpamag.com/ca/mortgage-industry/market-updates/torontos-real-estate-market-heats-up-amid-rate-cut-rumours/479235

COO of Mortgage Outlet, Leah Zlatkin observed a marked increase in buyer interest: “Interest has picked up and we’re seeing a significant uptick in pre-approvals, though purchases are still lagging mainly due to continued tight supply. We are hearing of bidding wars for some desirable properties.”

She also highlighted the recent dip in fixed rates, which are now offering more attractive mortgage options than have been available for some time.