Leah Zlatkin featured on CP24 “Choosing between fixed and variable rate mortgages amidst uncertainty”

Leah Zlatkin, COO of Mortgage Outlet says “Most people can walk in at any point in their variable mortgage. The one thing you want to consider is that you’re not locking in at today’s best rates. You’re often walking in at the posted rate for your banking institution. So if you’ve got a variable rate with Lender A you’re sticking with Lender A and they may not give you the best price that they give you when they’re trying to attract you over to them to sign up for their mortgage. You might be just getting the posted rate, which would probably be higher than you get through mortgage broker or other channels.”