Archive for June, 2022

Archive for June, 2022

Leah Zlatkin quoted in Global News: ‘1 in 4 Homeowners Say Rising Mortgage Rates Could Push them to Sell’

Posted on June 13th, 2022 by Leahs Mortgages

1 in 4 homeowners say rising mortgage rates could push them to sell: survey Leah Zlatkin, a mortgage broker and expert at lowestrates.ca, says even in the lean years, most household budgets should be able to accommodate even large jumps in the Bank of Canada’s interest rates. She cites the mortgage stress test and the […]

Leah Zlatkin quoted on the Stress Test Podcast (Globe & Mail): ‘Tempted to Buy a Home with Siblings or Friends? Here’s What you Need to Know’

Posted on June 8th, 2022 by Leahs Mortgages

https://www.theglobeandmail.com/podcasts/article-tempted-to-buy-a-home-with-siblings-or-friends-heres-what-you-need-to/ Most people buy homes with their partners or by themselves. But others are ditching the traditional paradigm. Today, we’re talking about unconventional homebuyers: family members, friends and others that team up to get into the property market. We hear from two sisters who are trying to buy a house together – and who are […]

Leah Zlatkin quoted in the Toronto Sun: ‘GTA Home Market Continues to Soften As Rate Hikes Continue’

Posted on June 1st, 2022 by Kim Owen

https://torontosun.com/news/gta-home-market-continues-to-soften-as-rate-hikes-continue “Canadian homeowners and hopeful buyers are readjusting their monthly budgets and affordability expectations after each of these increases,” says Leah Zlatkin, broker with LowestRates.ca. “While this change may be difficult to manage alongside other increased costs of living right now, it’s important to remember that before the pandemic the overnight rate was at 1.75 […]