Author Archive

Author Archive

Leah Zlatkin Quoted in the Globe and Mail: “Onlookers wonder if revival in Toronto-area real estate market will lose steam this winter”

Posted on November 13th, 2024 by Leahs Mortgages

https://www.theglobeandmail.com/real-estate/toronto/article-onlookers-wonder-if-revival-in-toronto-area-real-estate-market-will/ Leah Zlatkin, a mortgage broker at Mortgage Outlet, says her business is more hectic this month than last as deals close and buyers sign new agreements of purchase and sale. “We’ve got a lot of live files,” she says. But she is also wondering if the market will give in to a seasonal slowdown. […]

Leah Zlatkin quoted in the Now Toronto: ‘‘First-time buyers might finally get their shot,’ GTA home sales heat up following interest rate cuts’

Posted on November 6th, 2024 by Leahs Mortgages

‘First-time buyers might finally get their shot,’ GTA home sales heat up following interest rate cuts  Licensed mortgage broker, Leah Zlatkin says an emerging buyer-friendly market may lead to a more competitive landscape in 2025, but that pre-approved mortgages may give buyers a slight edge over their competition. “Homebuyers who have found a property that […]

Leah Zlatkin quoted in the Financial Post: ‘Toronto home sales surge 44% in October as rate cuts draw buyers back’

Posted on November 6th, 2024 by Leahs Mortgages

https://financialpost.com/real-estate/toronto-home-sales-surge-rate-cuts-draw-buyers According to Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet, the current balance of available properties favours first-time homebuyers, offering them greater negotiating power. “As more buyers enter the market, the dynamics will gradually transition from a buyer’s market to a seller’s market. For those waiting on the sidelines, this year presents […]

Leah Zlatkin quoted in the Financial Post: ‘Housing market headed for busy November after rate cut’

Posted on October 24th, 2024 by Leahs Mortgages

https://financialpost.com/real-estate/housing-market-busy-november-rate-cut Zlatkin, a broker with Mortgage Outlet Inc. says those who are prequalified are looking to get out ahead of the housing wave. “It is a great time for home owners and those new to the market as this is the 4th cut we have seen this year in terms of decreases” says Zlatkin. “What […]

Leah Zlatkin quoted in CTV News: ‘Major interest rate cut expected to shift Metro Vancouver real estate market’

Posted on October 24th, 2024 by Leahs Mortgages

https://bc.ctvnews.ca/major-interest-rate-cut-expected-to-shift-metro-vancouver-real-estate-market-1.7084469 “This is great news for anybody who’s got a variable rate mortgage right now,” said Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet. “What this means is that for every $100,000 in mortgage money that you’ve currently borrowed, you’re actually looking at a (monthly) decrease of $29.96, so for a lot of […]

Leah Zlatkin quoted in BNN Bloomberg: “What does the Bank of Canada’s rate cut mean for real estate?”

Posted on October 23rd, 2024 by Leahs Mortgages

https://www.bnnbloomberg.ca/business/real-estate/2024/10/23/what-does-the-bank-of-canadas-rate-cut-mean-for-real-estate/ Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet, said in a statement to BNNBloomberg.ca Wednesday that the recent rate cut could bring buyers off the sidelines. “The combination of a 50-basis point rate reduction and the impending mortgage rule changes in December creates an opportune moment for buyers to make their move. […]

Leah Zlatkin quoted in the Toronto Star: ‘Too much, too fast? Bank of Canada risks a home price runup with key rate cut, experts say’

Posted on October 23rd, 2024 by Leahs Mortgages

https://www.thestar.com/real-estate/too-much-too-fast-bank-of-canada-risks-a-home-price-runup-with-key-rate/article_697799f2-908e-11ef-8fbd-0f9f179c2933.html Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet, believes the rate cut could be the catalyst that motivates homebuyers to enter the real estate market, especially in Toronto, where affordability remains a significant barrier. “The combination of a 50-basis-point rate reduction and the impending mortgage rule changes in December creates an opportune […]

Leah Zlatkin quoted in the Yahoo Finance: ‘Why the jumbo BoC rate cut won’t change the landscape for those trying to qualify for a mortgage’

Posted on October 23rd, 2024 by Leahs Mortgages

https://ca.finance.yahoo.com/news/why-the-jumbo-boc-rate-cut-wont-change-the-landscape-for-those-trying-to-qualify-for-a-mortgage-142005405.html Prospective first-time buyers are currently better off with fixed-rate mortgages, which are less sensitive to the BoC’s moves, says Leah Zlatkin, a licensed mortgage broker speaking on behalf of Mortgage Outlet. The real-estate landscape currently “favours” first-time buyers, Zlatkin notes, with inventory growing but sales still sluggish.

Leah Zlatkin featured in CMP Magazine: ‘Toronto home prices slip, offering hope for buyers’

Posted on September 6th, 2024 by Leahs Mortgages

https://www.mpamag.com/ca/mortgage-industry/market-updates/toronto-home-prices-slip-offering-hope-for-buyers/504529 For buyers currently on the fence, the recent dip in home prices, combined with the lower borrowing costs, could provide an opportunity to enter the market. Leah Zlatkin, licensed mortgage broker and COO at Mortgage Outlet, suggested that those considering a home purchase should weigh their options now, before demand picks up again. “Though […]

Leah Zlatkin quoted in the Toronto Sun: ‘Are condos still a good investment?’

Posted on September 6th, 2024 by Leahs Mortgages

https://torontosun.com/life/homes/are-condos-still-a-good-investment The problem for condo investors is that, between maintenance fees and mortgage rates, carrying costs leave them in the red. This is especially true for unit-owners in buildings registered no later than November 15, 2018, which are rent-controlled. “These people are paying interest rates in excess of six, seven per cent, and the yearly […]