Archive for January, 2025

Archive for January, 2025

Leah Zlatkin quoted in Toronto.com: ‘Bank of Canada lowers interest rates amid ‘more-than-usual uncertainty’ in Canada’s economy’

Posted on January 29th, 2025 by Leahs Mortgages

https://www.toronto.com/news/bank-of-canada-lowers-interest-rates-amid-more-than-usual-uncertainty-in-canadas-economy/article_7729f2d5-aa70-5d28-b10c-3a7f817887c7.html When it comes to housing, homebuyers who have been biding their time to make a purchase might be wise to do so now, licensed mortgage broker and COO of Mortgage Outlet Leah Zlatkin said. “Many potential buyers are hitting the pause button, hoping for more favourable conditions later on,” Zlatkin said in a press […]

Leah Zlatkin quoted in the Now Toronto: ‘Bank of Canada drops overnight rate to 3%. What does it mean for homebuyers?’

Posted on January 29th, 2025 by Leah Zlatkin

https://nowtoronto.com/news/bank-of-canada-drops-overnight-rate-to-3-what-does-it-mean-for-homebuyers/ According to Leah Zlatkin, a licensed mortgage broker and COO of Mortgage Outlet, the shift in borrowing costs offers a unique window of opportunity for prospective homebuyers, particularly those looking in big markets like Toronto and Vancouver. “Many potential buyers are hitting the pause button, hoping for more favourable conditions later on,” she noted […]

Leah Zlatkin quoted in BNN Bloomberg: “Bank of Canada rate cut lifts housing market activity: TD chief economist”

Posted on January 29th, 2025 by Leahs Mortgages

https://www.bnnbloomberg.ca/business/real-estate/2025/01/29/bank-of-canada-rate-cut-lifts-housing-market-activity-td-chief-economist/ Leah Zlatkin, a licensed mortgage broker and COO of Mortgage Outlet, said that many buyers are “hitting the pause button” in hopes of better purchasing conditions in the future.

Leah Zlatkin quoted in the Toronto Star: ‘Toronto homebuyers get interest rate relief from Bank of Canada rate cut — but a hot spring real estate market isn’t certain’

Posted on January 29th, 2025 by Leah Zlatkin

https://www.thestar.com/real-estate/toronto-homebuyers-get-interest-rate-relief-from-bank-of-canada-rate-cut-but-a-hot/article_181f4e24-de54-11ef-8158-4770cb820ca9.html Condo sellers are more motivated to sell and are open to negotiation, with some buyers securing properties below asking prices, said Leah Zlatkin, mortgage broker and COO of Mortgage Outlet. “While it’s not a full-blown buyer’s market across the board, and desirable properties in prime locations still attract competition, buyers undoubtedly have more leverage […]