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Posted on March 15th, 2022 by Leahs Mortgages
https://www.mpamag.com/ca/best-in-mortgage/top-75-brokers-2022/400482 In spite of predictions to the contrary, COVID-19 did not bring the mortgage sector to a screeching halt. Throughout 2021, despite new virus variants and a roller coaster of lockdowns, the volume of mortgage deals kept brokers working overtime to keep up with the demand. This year is shaping up to be a […]
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Posted on March 5th, 2022 by Leahs Mortgages
https://www.theglobeandmail.com/business/article-fixed-or-variable-how-to-decide-as-interest-rates-rise Fixed or variable? It’s a perennial question for mortgage seekers that’s expected to hit a fever pitch as the Bank of Canada begins what’s expected to be a steady stream of interest-rate increases in the coming months. On Wednesday, the central bank increased its key interest rate to 0.50 per cent from a record […]
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Posted on March 3rd, 2022 by Leahs Mortgages
https://www.mpamag.com/ca/tv/variable-rates-in-2022-whats-in-store/327013 With markets pricing in multiple Bank of Canada rate increases in 2022, could the popularity of variable rates take a hit? Leah Zlatkin, mortgage broker at Mortgage Outlet and LowestRates.ca expert, talks us through what could be in the cards this year.
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Posted on January 28th, 2022 by Leahs Mortgages
https://financialpost.com/real-estate/mortgages/what-rate-hikes-mean-for-the-housing-market Leah Zlatkin, mortgage broker with Lowestrates.ca, talks with the Financial Post’s Larysa Harapyn about how rate hikes will impact your mortgage payment and the housing market as a whole.
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Posted on January 25th, 2022 by Leahs Mortgages
https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-this-is-what-a-rate-hike-will-cost-homeowners Someone with a HELOC balance of $142,000 at an interest rate of 2.7 per cent would see their monthly payments of principal and interest inch up from $650 to $668, a difference of $18 a month, or $216 a year, according to LowestRates. Still, several factors might soften the short-term financial blow of rising […]
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Posted on January 20th, 2022 by Leahs Mortgages
https://toronto.ctvnews.ca/some-homeowners-spend-more-time-planning-vacations-than-reviewing-their-mortgage-survey-finds-1.5748518 Leah Zlatkin is a mortgage broker with LowestRates.ca and agrees people should spend more time understanding their mortgage agreements. “The majority of people out there find personal finances and mortgages outside their comfort zone,” said Zlatkin. The survey also found 74 per cent feel more should be done to educate people on mortgages and […]
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Posted on December 2nd, 2021 by Leahs Mortgages
https://www.msn.com/en-ca/money/topstories/reverse-mortgages-rise-in-canada-as-stigma-fades/ar-AARoIeB Leah Zlatkin, mortgage broker and Lowestrates.ca expert, talks with Financial Post’s Larysa Harapyn about how reverse mortgages are becoming more common in Canada and walks us through how they work.
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Posted on November 3rd, 2021 by Leahs Mortgages
as/https://www.thestar.com/business/2021/09/18/canadas-economy-took-a-shocking-second-quarter-dive-where-will-it-go-next.html?rf “The best way to put this is think of it like a hot summer day versus a sweltering summer day,” says mortgage industry specialist Leah Zlatkin. “So it had been a sweltering summer (in the first quarter) when it comes to real estate, and now quarter two was a hot summer day,” says Zlatkin, […]
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Posted on October 12th, 2021 by Leahs Mortgages
https://www.theglobeandmail.com/investing/personal-finance/article-why-variable-rate-mortgages-rule-in-the-pandemic-housing-market-and/ Mortgage-industry estimates of the percentage of people who break a mortgage before maturity range from 33 per cent to 60 per cent. “People underestimate how much life circumstances can change in five years,” said Leah Zlatkin, mortgage expert for LowestRates.ca and principal broker at Brite Mortgage Inc. “There could be a relationship issue, there […]
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Posted on September 14th, 2021 by Leahs Mortgages
https://financialpost.com/real-estate/mortgages/canadians-consider-splitting-a-mortgage-with-friends-but-its-complicated Before signing that mortgage agreement with a group of buddies, there’s a few things you should take into consideration. “There’s quite a bit of a legal back-end that you need to take care of…” Leah Zlatkin, LowestRates.ca expert and mortgage broker, told the Financial Post. “You’d probably want to have a contract with a […]
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