https://torontosun.com/life/homes/mortgage-delinquencies-could-continue-rising If your mortgage is coming up for renewal, you may be wondering if you should opt for a fixed or variable mortgage rate. Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet, suggests switching to a fixed-rate mortgage at renewal could provide much-needed stability and budget predictability in these uncertain times. According to […]

https://www.bnnbloomberg.ca/business/real-estate/2024/11/21/mortgage-stress-test-changes-to-increase-lender-competition-real-estate-experts/ The Office of the Superintendent of Financial Institutions (OSFI) announced Thursday that uninsured mortgage straight switches will be exempt from the minimum qualifying rate (MQR). OSFI previously stated in September that it would ease stress test requirements for uninsured mortgages when switching providers, stating its intentions at the time to formally communicate the change in its Nov. 21 […]

https://www.mpamag.com/ca/mortgage-industry/market-updates/mortgage-brokers-anticipate-fierce-competition-as-housing-market-heats-up/514500 “We’ve seen a notable surge in sales alongside a decline in new listings,” Leah Zlatkin, a licensed mortgage broker and COO of Mortgage Outlet, said in an interview with BNNBloomberg.ca. “This, combined with new mortgage rules coming into effect on December 15 and the Bank of Canada’s anticipated rate cuts next month, will further heat […]

https://www.bnnbloomberg.ca/business/real-estate/2024/11/18/mortgage-brokers-expect-more-competition-as-buyers-re-enter-housing-market/ “We’ve seen a notable surge in sales alongside a decline in new listings. This, combined with new mortgage rules coming into effect on Dec. 15 and the Bank of Canada’s anticipated rate cuts next month, will further heat up competition,” Leah Zlatkin, a licensed mortgage broker and COO of Mortgage Outlet, said in a […]

https://www.theglobeandmail.com/real-estate/toronto/article-onlookers-wonder-if-revival-in-toronto-area-real-estate-market-will/ Leah Zlatkin, a mortgage broker at Mortgage Outlet, says her business is more hectic this month than last as deals close and buyers sign new agreements of purchase and sale. “We’ve got a lot of live files,” she says. But she is also wondering if the market will give in to a seasonal slowdown. […]

‘First-time buyers might finally get their shot,’ GTA home sales heat up following interest rate cuts  Licensed mortgage broker, Leah Zlatkin says an emerging buyer-friendly market may lead to a more competitive landscape in 2025, but that pre-approved mortgages may give buyers a slight edge over their competition. “Homebuyers who have found a property that […]

https://financialpost.com/real-estate/toronto-home-sales-surge-rate-cuts-draw-buyers According to Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet, the current balance of available properties favours first-time homebuyers, offering them greater negotiating power. “As more buyers enter the market, the dynamics will gradually transition from a buyer’s market to a seller’s market. For those waiting on the sidelines, this year presents […]