Blog Article

Friday, 12 January 2024

By Mortgage Outlet

Leah Zlatkin quoted in Pipa News: ‘Fixed mortgage rates are on the decline. Is now the time to lock in?’

https://globalnews.ca/news/10219789/fixed-mortgage-rates-canada-january-2024/

Mortgage Outlet COO and broker Leah Zlatkin notes that three-year fixed mortgages are also down from recent highs, floating just above the five-per cent market.

“It is a really good time to get a lower (fixed) interest rate than you would’ve been getting for the last year,” she tells Global News.

But Zlatkin also warns that there are risks out there that could “quell” the easing in the bond market.