Author Archive

Author Archive

Leah Zlatkin featured on CP24 “Is now the right time to buy a home?”

Posted on May 9th, 2024 by Leahs Mortgages

https://shorturl.at/myEG8 Leah Zlatkin of lowestrates.ca says it’s a good time to buy. “Right now, we are seeing record levels of listings and seeing the sale prices go up slightly from march, but year-over-year, we are looking at a lower sale prices for homes” Zlatkin says. “In the GTA, prices are hovering over a million dollars […]

Leah Zlatkin quoted in CTV News: ‘What is changing about Canada’s capital gains tax and how does it impact me?’

Posted on May 6th, 2024 by Leahs Mortgages

https://www.ctvnews.ca/canada/what-is-changing-about-canada-s-capital-gains-tax-and-how-does-it-impact-me-1.6860457#:~:text=Capital%20gains%20example&text=Once%20the%20new%20rate%20of,50%2Dper%2Dcent%20rate. Many Canadians could feel the impact of this tax change, such as through the sale of their cottages and other secondary residences, or rental properties. “I think that even middle-class Canadians could be dramatically impacted by this,” said Leah Zlatkin, mortgage broker and LowestRates.ca expert, in a video interview with CTVNews.ca. “If you look […]

Leah Zlatkin quoted in the Toronto Sun: ‘Coming up short’

Posted on April 19th, 2024 by Leahs Mortgages

https://torontosun.com/life/homes/coming-up-short Like many new condo purchasers in the city of Toronto, they find themselves in the “inconvenient experience” of buying during a market peak and closing during a market dip, a scenario that forced them to get creative with financing, says mortgage broker and LowestRates.ca expert Leah Zlaktin. “They wanted to move in on occupancy […]

Leah Zlatkin quoted by BNN Bloomberg: “Getting the lowest mortgage rates in a high interest rate world”

Posted on April 18th, 2024 by Leahs Mortgages

https://www.bnnbloomberg.ca/getting-the-lowest-mortgage-rates-in-a-high-interest-rate-world-1.2060854 Borrowers need to be wary of what seems like too great a rate, said Leah Zlatkin, mortgage broker and LowestRates.ca expert. “There’s certain mortgages out there that are very specialized products that offer you insanely low rates, but you have to sell the property or die to get out of that mortgage.” Some lenders […]

Leah Zlatkin quoted in Global News: ‘Does Budget 2024 make it easier to buy a first home in Canada?’

Posted on April 17th, 2024 by Leahs Mortgages

https://globalnews.ca/news/10430202/budget-2024-buying-a-home-affordability/ Leah Zlatkin, a mortgage broker and expert with lowestrates.ca, said in a release Tuesday that these changes might have a limited impact in the housing market because they only apply to insured mortgages and new builds. Insured mortgages typically only apply when a homebuyer puts less than 20 per cent of a home’s purchase […]

Leah Zlatkin quoted by BNN Bloomberg: “How will the Bank of Canada’s interest rate decision impact real estate?”

Posted on April 10th, 2024 by Leahs Mortgages

https://www.bnnbloomberg.ca/how-will-the-bank-of-canada-s-interest-rate-decision-impact-real-estate-1.2057495 “This rate hold may give more Canadian buyers the confidence to purchase a home now, believing that interest rates will either remain the same or decrease later in the year,” Leah Zlatkin, an expert with LowestRates.ca and licensed mortgage broker, said in a statement to BNNBloomberg.ca Wednesday. She highlighted that housing inventory in the […]

Leah Zlatkin Quoted in the Globe and Mail: “For real estate preconstruction buyers, a hard truth”

Posted on April 3rd, 2024 by Leahs Mortgages

https://www.theglobeandmail.com/real-estate/toronto/article-for-real-estate-preconstruction-buyers-a-hard-truth/ Leah Zlatkin, mortgage broker with Mortgage Outlet, says investors who buy condos with the intention of selling in the assignment market typically ensure that a clause in the contract allows them to do so. Many exit before the building is complete. She’s seeing an influx of buyers who intended to live in the unit […]

Leah Zlatkin quoted in CMP Magazine: ‘Homebuyers urged to enter market as spring approaches’

Posted on March 18th, 2024 by Leahs Mortgages

https://www.mpamag.com/ca/mortgage-industry/industry-trends/homebuyers-urged-to-enter-market-as-spring-approaches/481568 According to Leah Zlatkin, a mortgage broker associated with LowestRates.ca, the upcoming spring market is going to be “very hot” due to accumulated demand. The heightened demand comes as a backlog of buyers hold off on making purchase in anticipation of rate cuts that economists have projected to occur around June. But Zlatkin noted […]

Leah Zlatkin interviewed by the Financial Post: ‘Homebuyers should jump into the market before interest rates go down, says expert’

Posted on March 17th, 2024 by Leahs Mortgages

https://financialpost.com/real-estate/homebuyers-should-jump-into-the-market-before-interest-rates-go-down-says-expert The spring housing market is expected to be “very hot” because of the pent-up demand for properties, said mortgage broker and Lowest Rates expert Leah Zlatkin. “There are many people who are ready and poised to buy right now,” Zlatkin said in a recent interview with the Financial Post’s Larysa Harapyn. “For those people who […]

Leah Zlatkin interviewed by CityNews: ‘Impact of Bank of Canada Rates’

Posted on March 9th, 2024 by Leahs Mortgages

https://mms.tveyes.com/MediaView/?c3RhdGlvbj0xNDc4MCZTdGFydERhdGVUaW1lPTAzJTJmMDklMmYyMDI0KzIxJTNhMjglM2EyNSZFbmREYXRlVGltZT0wMyUyZjA5JTJmMjAyNCsyMSUzYTMwJTNhMjEmJiZkdXJhdGlvbj01MzUxNSZwYXJ0bmVyaWQ9NzMxMyYmaGlnaGxpZ2h0cmVnZXg9JTVjYmxvd2VzdCtyYXRlcytkb3QrQ0ElNWNiJm1vZGVkaXRvcmVuYWJsZT10cnVlJm1vZGVkaXRvcmRlc3RpbmF0aW9ucz00JiZleHBpcmF0aW9uPTA0JTJmMDglMmYyMDI0KzIxJTNhMjglM2EyNS4wMDAmaW5zdGFudFBsYXk9VHJ1ZSZzaWduYXR1cmU9ZDgzODQ5ODUwN2RmZDJkZGNmYmFjZWI5NjI3NmI5MDA=# “Bank of Canada rates really only impact variable-rate for the most part” says Leah Zlatkin, a mortgage expert at lowestrates.ca. “We are still seeing fix rates that are down from about 6 months ago, we got stuck at around 5% right now. That’s very reasonable compared to where they were previously, certainly for people coming into renewal.”