https://www.thestar.com/business/personal_finance/2023/04/10/the-first-home-savings-account-is-here-is-that-house-finally-within-reach.htmlhttps://torontosun.com/news/real-estate-activity-remains-muted-in-face-of-steep-rate-hikes The new federal plan has some hiccups — it’s still not available at the Big Six banks — but once it’s up and running, it will allow potential buyers to save for their first home tax-free.

https://www.cp24.com/video?clipId=2641077&binId=1.1127680&playlistPageNum=3 Leah Zlatkin, Mortgage Broker and COO at Mortgage Outlet dives into projections around the BoC holding rates steady.

Interest rates have been on a rollercoaster ride over the past year and have skyrocketed beyond expectations. The Bank of Canada promised low rates for a long time, but this has not been the case. The increasing mortgage rates and payments are putting homeowners under immense financial pressure and are a cause for concern. At […]

In a down market, buyers have the advantage, but it is still important to be well prepared and informed. Here are 7 tips for buying a home for less in a down market: Do Your Homework: Research the area and price range to get an idea of what is considered excessive or low. Utilize your […]

Winter weather can be tough on your home, and proper maintenance is essential to protect it from damage and ensure a comfortable living environment. Here’s a list of internal and external tasks to keep in mind for winter home maintenance. Internal Tasks Keep interior doors open during deep cold spells (below 15 degrees for more […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/whats-next-for-borrowers-if-the-bank-of-canada-continues-hiking-rates/434010 Leah Zlatkin, Mortgage Broker and COO at Mortgage Outlet, told Canadian Mortgage Professional in advance of the central bank announcement that the way forward for borrowers depends largely on their individual circumstances and whether variable-rate holders can absorb the impact of a high-rate environment or would prefer to switch to a more stable fixed […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/bank-of-canada-makes-first-rate-hike-of-2023/434045 Leah Zlatkin, Mortgage Broker and COO at Mortgage Outlet, told Canadian Mortgage Professional in advance of the central bank announcement that the way forward for borrowers depends largely on their individual circumstances and whether variable-rate holders can absorb the impact of a high-rate environment or would prefer to switch to a more stable fixed […]

https://www.cp24.com/video?clipId=2616269&jwsource=cl “An interest rate hike like this one will typically bring about a lot of stress”, said Leah Zlatkin, Mortgage Broker and COO at Mortgage Outlet. “There’s going to be a situation where a lot of people may be experiencing shock when they renew their mortgage,” said Zlatkin. Zlatkin recommended that people who foresee themselves […]

https://www.ctvnews.ca/video?clipId=2584987&jwsource=em Mortgage Outlet director Elan Weintraub discusses Canada’s mortgage stress test and why he thinks it should remain even as rates rise.  

https://financialpost.com/real-estate/mortgages/mortgage-defaults-housing-market-broker  Leah Zlatkin, Mortgage Broker and COO at Mortgage Outlet, talks with Financial Post’s Larysa Harapyn about how mortgage defaults are starting to hit the market. “The prime rate has gone up. So what we’re going to see in terms of the prime rate is that it has gone up from 5.95 at most major […]