Archive for October, 2023

Archive for October, 2023

Leah Zlatkin interviewed by CBC Listen: “Private lending no longer a fringe method of borrowing”

Posted on October 26th, 2023 by Leahs Mortgages

https://www.cbc.ca/listen/live-radio/1-90-columnists-from-cbc-radio/clip/16018563-private-lending-longer-fringe-method-borrowing Leah Zlatkin, mortgage broker and expert with LowestRates.ca, said the “role of a private mortgage is for either someone who has come upon some hard times and may have credit issues or for somebody who may have challenges qualifying for a mortgage because of an interim financial challenge” But Zlatkin says the goal should […]

Leah Zlatkin interviewed by BNN Bloomberg: “What a rate pause at 5% means for homeowners”

Posted on October 25th, 2023 by Leahs Mortgages

https://www.bnnbloomberg.ca/what-a-rate-pause-at-5-means-for-homeowners-1.1989376 Leah Zlatkin, mortgage broker and expert with LowestRates.ca, said she recommends shorter-termed products to clients, noting that three to four-year fixed products seem to be the “sweep spot right now.” “I don’t know if two years is long enough to really get us out of this potential future recession that’s looming,” she told BNNBloomberg.ca […]

Leah Zlatkin interviewed by the Financial Post: “Refinance or renew? How to choose when mortgage interest rates create sticker shock”

Posted on October 24th, 2023 by Leahs Mortgages

https://financialpost.com/real-estate/mortgages/when-to-refinance-renew-mortgage-higher-interest-rates Many Canadian homeowners are facing sticker shock with their monthly payments as their mortgage comes up for renewal, leaving them with a crucial choice: whether to renew or refinance their home loan. “They’re used to paying $2,000 every single month for the last five years and all of a sudden, now their payments are […]