https://www.bnnbloomberg.ca/what-mortgage-owners-need-to-know-about-the-bank-of-canada-hike-1.1856200 “A trigger rate is reached when a homeowner’s mortgage payment no longer covers interest accrued since the previous payment.” “Many Canadians are approaching their trigger point, at which point you need to start looking at do I make a lump sum payment into my mortgage? Do I increase my payment amount or do I […]

https://www.bnnbloomberg.ca/what-mortgage-owners-need-to-know-about-the-bank-of-canada-hike-1.1856200 “A trigger rate is reached when a homeowner’s mortgage payment no longer covers interest accrued since the previous payment. “Many Canadians are approaching their trigger point, at which point you need to start looking at do I make a lump sum payment into my mortgage? Do I increase my payment amount or do I […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/what-are-brokers-looking-for-from-lenders-in-2023/429079 “Transparency from lenders is a critical component of that relationship, according to Leah Zlatkin (pictured below), chief operating officer and broker at Mortgage Outlet. She noted that the changing mortgage landscape of 2022 has created a more complex borrowing environment for clients, meaning it’s essential that lenders effectively communicate whether they can service a […]

https://globalnews.ca/video/9308136/ask-an-expert-managing-your-mortgage Mortgage Broker and COO at Mortgage Outlet Leah Zlatkin talks about some ways you can better manage your money, including paying down your mortgage more quickly.

https://www.bnnbloomberg.ca/what-mortgage-brokers-are-seeing-with-renewals-amid-rate-hikes-1.1840808 Leah Zlatkin, a mortgage broker working in Toronto and expert with LowestRates.ca, said some clients are having a harder time shopping around. “What I’m typically seeing from clients who are up for renewal is that they’re having a harder time qualifying in some cases if they’re trying to switch to a different lender,” she […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/first-time-buyers-feeling-the-squeeze-in-rising-rate-environment/425271 As home prices spiked across Canada’s hottest housing markets over the past two years, a growing cohort of new homebuyers turned to parents or guardians to help fund their purchases – but that’s a strategy that could be an increasingly risky one in the current climate, according to an industry expert. Leah Zlatkin (pictured), […]

https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-low-mortgage-rate-move-refinance/ “People are paralyzed from fear of falling home prices and that’s keeping many from moving at all,” says Shawn Stillman, a mortgage broker and co-founder of Mortgage Outlet. “Of the people who still want to port their mortgage, most don’t even know these problems exist until they apply and find out they don’t qualify.” […]

https://storeys.com/how-climate-change-effects-property-insurance-mortgages-home-buyers/ Aside from the property insurance delay, mortgages can also be affected by worsening climate change because mortgage lenders will often require a property appraisal before you’re approved, and may require additional appraisals in the event of extreme weather events. “Lenders want to confirm that the property is still worth what they project it to […]

“For somebody looking at buying a home, you have a couple of considerations to make. The first consideration you want to make is what is the longeivity of your risk?” Says Leah Zlatkin Mortgage Broker and COO at Mortgage Outlet while talking about fixed vs variable mortgages. “For somebody looking to buy right now, I’m […]

https://atlantic.ctvnews.ca/maritimers-react-to-latest-rise-in-key-interest-rate-1.6059283 Leah Zlatkin, a mortgage broker based in Toronto, says people who already have a mortgage will see an increase in their monthly payment or in the amount of time left in their term. Zlatikin has some advice for first-time home buyers. “There are some lenders that are still going to allow you to use […]