Leah Zlatkin quoted in the Yahoo Finance: ‘Why the jumbo BoC rate cut won’t change the landscape for those trying to qualify for a mortgage’

https://ca.finance.yahoo.com/news/why-the-jumbo-boc-rate-cut-wont-change-the-landscape-for-those-trying-to-qualify-for-a-mortgage-142005405.html

Prospective first-time buyers are currently better off with fixed-rate mortgages, which are less sensitive to the BoC’s moves, says Leah Zlatkin, a licensed mortgage broker speaking on behalf of Mortgage Outlet.

The real-estate landscape currently “favours” first-time buyers, Zlatkin notes, with inventory growing but sales still sluggish.