Monday, 27 October 2025
By Mortgage Outlet
Leah Zlatkin quoted in the Yahoo Finance: ‘BoC rate decision: Job fears, U.S. trade uncertainty to keep lid on any housing market recovery’
Another 25-basis-point cut won’t make much of a financial difference for many, notes Leah Zlatkin, a licensed mortgage broker. “For every $100,000 borrowed, you’re going to lower your monthly payment by something like $13 to $15,” she said. “For somebody in a province where their mortgage is $200,000, that’s 30 bucks a month.”
Rate cuts are also only directly reflected in variable-rate mortgages, Zlatkin notes — and few people currently believe variable rates will go much lower. “Many clients were burned in the past,” she said, and few are willing to gamble on variable rates staying low.
