https://financialpost.com/real-estate/housing-market-busy-november-rate-cut Zlatkin, a broker with Mortgage Outlet Inc. says those who are prequalified are looking to get out ahead of the housing wave. “It is a great time for home owners and those new to the market as this is the 4th cut we have seen this year in terms of decreases” says Zlatkin. “What […]

https://bc.ctvnews.ca/major-interest-rate-cut-expected-to-shift-metro-vancouver-real-estate-market-1.7084469 “This is great news for anybody who’s got a variable rate mortgage right now,” said Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet. “What this means is that for every $100,000 in mortgage money that you’ve currently borrowed, you’re actually looking at a (monthly) decrease of $29.96, so for a lot of […]

https://www.bnnbloomberg.ca/business/real-estate/2024/10/23/what-does-the-bank-of-canadas-rate-cut-mean-for-real-estate/ Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet, said in a statement to BNNBloomberg.ca Wednesday that the recent rate cut could bring buyers off the sidelines. “The combination of a 50-basis point rate reduction and the impending mortgage rule changes in December creates an opportune moment for buyers to make their move. […]

https://www.thestar.com/real-estate/too-much-too-fast-bank-of-canada-risks-a-home-price-runup-with-key-rate/article_697799f2-908e-11ef-8fbd-0f9f179c2933.html Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet, believes the rate cut could be the catalyst that motivates homebuyers to enter the real estate market, especially in Toronto, where affordability remains a significant barrier. “The combination of a 50-basis-point rate reduction and the impending mortgage rule changes in December creates an opportune […]

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.