https://www.msn.com/en-ca/money/topstories/boc-rate-decision-job-fears-u-s-trade-uncertainty-to-keep-lid-on-any-housing-market-recovery/ar-AA1Pgwgt Another 25-basis-point cut won’t make much of a financial difference for many, notes Leah Zlatkin, a licensed mortgage broker. “For every $100,000 borrowed, you’re going to lower your monthly payment by something like $13 to $15,” she said. “For somebody in a province where their mortgage is $200,000, that’s 30 bucks a month.” Rate […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/renters-urged-to-plan-early-as-homeownership-hurdles-persist/554096 Licensed mortgage broker Leah Zlatkin said she has seen a shift in mindset among prospective buyers, with more clients scrutinizing their finances and mapping out long-term goals before making the leap from renting to owning. “Renters often think the only hurdle to homeownership is saving enough for a down payment, but that’s just one […]

https://www.theglobeandmail.com/real-estate/toronto/article-sellers-buyers-navigate-frustrating-housing-market/ Mortgage broker Leah Zlatkin cautions that even experienced homeowners can make mistakes in the current challenging environment. Some are trading up, while others are downsizing, she notes, but they need to be wary of the fine print in their existing mortgage agreement. Breaking a mortgage early can trigger substantial penalties, Ms. Zlatkin says in […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/toronto-condo-buyers-find-new-leverage-in-shifting-market/553150 “Even with a 15% down payment on a condo and 20% on a detached home, the affordability gap in Toronto remains significant,” said Leah Zlatkin, licensed mortgage broker. “At today’s average prices, a condo costs about $655,000 compared to roughly $1.35 million for a detached house. A buyer with a five-year fixed rate mortgage […]