https://www.thestar.com/real-estate/bank-of-canada-interest-rate-cut-to-have-little-effect-on-real-estate-market-experts/article_aa2184e6-492a-11ef-9626-f37be4001e75.html Mortgages rates, while lowering, are still high for many people, said Leah Zlatkin, mortgage broker and COO of Mortgage Outlet. Homeowners with a variable rate mortgage, which is tied to the Bank of Canada’s prime rate, will see an immediate impact on their mortgage payments. And for buyers interested in opting into a variable-rate […]

https://www.wealthprofessional.ca/news/industry-news/bank-of-canada-drops-rates-again-can-it-spark-a-housing-revival/386530 Leah Zlatkin of Mortgage Outlet is skeptical about significant market movement, highlighting that rates are still high, and many buyers may wait for further cuts. “We’ve seen a 50-basis point drop since June, but rates are still comparatively high and many potential buyers are waiting for further rate decreases to increase their buying power […]

https://www.bnnbloomberg.ca/investing/2024/07/24/how-will-the-bank-of-canada-rate-cut-impact-the-real-estate-market/ Leah Zlatkin, a licensed mortgage broker and Mortgage Outlet COO said in a statement that the latest move by the Bank of Canada is “not likely” to “move the housing market in a significant way.” “We’ve seen a 50-basis point drop since June, but rates are still comparatively high and many potential buyers are […]

https://calgary.ctvnews.ca/buyer-s-market-what-the-interest-rate-cut-could-mean-for-calgary-homeowners-1.6976684 “What this means for people is that if you’re looking to go buy a home, it’s a buyer’s market right now,” Leah Zlatkin, COO of Mortgage Outlet and licensed mortgage broker, told CTV Calgary. “So if you’re going to qualify it a little bit less, or if you’re looking to qualify on a fixed […]

https://nowtoronto.com/news/its-not-enough-canadians-react-to-bank-of-canada-cutting-key-interest-rate-for-second-straight-time/ “Given that rates have been high for an extended period of time, any decrease is welcome news,” Licensed Mortgage Broker and COO of Mortgage Outlet, Leah Zlatkin said in a statement on Wednesday. “But this cut is not likely to be the one that moves the housing market in a significant way. We’ve seen […]

https://ca.finance.yahoo.com/news/vancouver-home-sales-tumble-calgarys-173852229.html Canada’s five-year government bond yield generally follows the U.S. treasury 10-year yield, the U.S. economy has a “bigger impact” on fixed rates than BoC rate decisions, says Leah Zlatkin, a Toronto-based mortgage broker and COO of Mortgage Outlet.

https://financialpost.com/real-estate/mortgages/what-mortgage-shoppers-in-canada-need-to-know Leah Zlatkin, a broker with Mortgage Outlet Inc., outlines the pros and cons on longer amortizations, the best length of term and variable versus fixed rates. Spoiler: A three-year fixed mortgage is looking like a “safe bet.” “Typically the first time that some one is going to see a mortgage amortization schedule is when […]

https://www.bnnbloomberg.ca/business/real-estate/2024/07/04/buyers-finding-opportunities-in-torontos-housing-market-amid-high-mortgage-rates-broker/ Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet, said that after the Bank of Canada lowered its policy rate in June by 25 basis points, “we saw a flood of new listings enter the market.” “But persistently high mortgage rates mean buyers are biding their time and aren’t in a hurry to […]