Blog Article

Sunday, 10 December 2023

By Mortgage Outlet

Leah Zlatkin quoted in Financial Post: ‘Why now could be a great time to enter the housing market’

https://financialpost.com/real-estate/great-time-to-enter-housing-market

Leah Zlatkin, mortgage broker and Lowestrates.ca expert, said homebuyers could “really get a good steal” while the market is slow in December. “There is a bit of a volatile future ahead of us,” Zlatkin said in an interview with the Financial Post’s Larysa Harapyn. “For many consumers, right now is the right time to buy.”

“Variable rates do have a great spread right now,” Zlatkin said. “There’s an opportunity for you to ride that curve down while making a large purchase.”

Zlatkin doesn’t recommend variable-rate mortgages for first-time homebuyers who cannot tolerate a lot of risk, but it might be an option for experienced investors.