https://www.thestar.com/real-estate/homeowners-with-variable-rate-mortgages-get-relief-with-jumbo-bank-of-canada-rate-cut-and/article_a4ecf11a-b73c-11ef-8b91-ef72523e7a80.html “The rate cut is good news for current variable-rate mortgage holders,” said Leak Zlatkin, licensed mortgage broker and COO of Mortgage Outlet. “They’ll see an immediate decrease in their monthly payments, providing some relief amidst the rising cost of living. This also frees up some cash flow, which can be used for other financial […]

https://financialpost.com/real-estate/bank-of-canada-rate-cut-boost-housing-market Leah Zlatkin, a mortgage broker and COO of Mortgage Outlet, described the current real estate market as dynamic but challenging. “Homebuyers in the GTA (Greater Toronto Area) face a dilemma of strong sales and rising prices alongside economic uncertainty and affordability concerns,” she said. Zlatkin warned that today’s rate cut might intensify competition, potentially […]

https://nowtoronto.com/news/bank-of-canada-drops-overnight-rate-to-3-25-in-fifth-straight-cut/ Licensed mortgage broker and COO of Mortgage Outlet, Leah Zlatkin says homebuyers are facing a dilemma right now. “We’re seeing strong sales and rising home prices, but there’s also a sense of caution in the air with economic uncertainty and affordability concerns. It’s a dynamic market where both opportunity and risk are present. Ultimately, the […]

https://www.blogto.com/city/2024/12/bank-canada-lowers-key-interest-rate/ Licensed mortgage broker and COO of Mortgage Outlet, Leah Zlatkin says homebuyers are facing a dilemma right now. “We’re seeing strong sales and rising home prices, but there’s also a sense of caution in the air with economic uncertainty and affordability concerns,” she shared in an email. “It’s a dynamic market where both opportunity and […]

https://dailyhive.com/calgary/boc-interest-rate-cut-december-11 Licensed mortgage broker and COO of Mortgag Outlet, Leah Zlatkin says homebuyers are facing a dilemma right now. “We’re seeing strong sales and rising home prices, but there’s also a sense of caution in the air with economic uncertainty and affordability concerns,” she shared in an email. “It’s a dynamic market where both opportunity […]

https://www.blogto.com/real-estate-toronto/2024/12/toronto-housing-market-heating-up-again/ “If the Bank of Canada continues its trend of lowering interest rates and the new mortgage rules prove effective, we could see a further increase in housing demand. This could drive prices even higher in 2025, making now an opportune time to buy before the market becomes even more competitive,” Licenced mortgaged broker and […]