Blog Article

Wednesday, 12 March 2025

By Mortgage Outlet

Leah Zlatkin quoted in the Toronto Star: ‘Interest rate cut a ‘silver lining’ for homeowners, but not enough to pull buyers into a spring market, experts say’

“The Bank of Canada’s rate cut is a positive step, but it’s not going to dramatically change the spring housing picture,” said Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet.
She said trade tensions and worries about a recession are making buyers hesitate.
“While the rate cut helps a bit, it probably won’t be enough to get homebuyers feeling confident enough to jump into the market this spring,” she said, noting buyers on the sidelines will likely continue to wait.