https://www.thestar.com/business/forever-mortgage-warning-canadas-financial-watchdog-cautions-banks-over-use-of-fixed-payment-variable-loans/article_b6430778-bad1-11ee-91c9-b3c67ce1ae67.html The biggest concern with fixed-payment variable rate mortgages is when it comes time to renew, the borrower will need to return to the contractual amortization period, said Leah Zlatkin, LowestRates.ca expert and licensed mortgage broker, which will result in payment shock as monthly payments often spike. Some homeowners, she said, have loan-to-value ratios of 100 per cent, […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/first-time-buyer-prospects-a-big-question-for-2024/474055 Leah Zlatkin, chief operating officer at Mortgage Outlet, told Canadian Mortgage Professional that a likely lower-interest rate environment, a continuing surge in immigration, and a sluggish economy were likely to counterbalance each other and keep prices relatively steady for the year ahead. “When you have declining rates and immigration, that usually leads to an […]

https://globalnews.ca/news/10219789/fixed-mortgage-rates-canada-january-2024/ Mortgage Outlet COO and broker Leah Zlatkin notes that three-year fixed mortgages are also down from recent highs, floating just above the five-per cent market. “It is a really good time to get a lower (fixed) interest rate than you would’ve been getting for the last year,” she tells Global News. But Zlatkin also […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/renewals-set-to-offer-big-opportunity-for-brokers-in-2024-and-beyond/472711 Leah Zlatkin (pictured), chief operating officer and broker at Mortgage Outlet, told Canadian Mortgage Professional that borrowers are likely to consider as wide a range of options as possible when renewing, opening the door for brokers to show their value and find new clients in 2024 and beyond. “People, at least anecdotally, are finding that maybe […]

https://globalnews.ca/news/10219789/fixed-mortgage-rates-canada-january-2024/ Mortgage Outlet COO and broker Leah Zlatkin notes that three-year fixed mortgages are also down from recent highs, floating just above the five-per cent market. “It is a really good time to get a lower (fixed) interest rate than you would’ve been getting for the last year,” she tells Global News. But Zlatkin also […]