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 […]

https://www.thestar.com/business/personal-finance/roughly-half-of-mortgage-holders-have-yet-to-face-higher-rates-how-to-start-preparing/article_79267fb4-6ad5-11ef-a295-7f5abde11338.html Leah Zlatkin, licensed mortgage broker at Toronto-based Mortgage Outlet, says adapting to a jump in housing costs may take some mental reframing. Previously, many personal finance experts recommended spending no more than a third of your income on housing, she says. “That’s not realistic at this point in time.” Zlatkin also recommends prepaying a […]