https://www.bnnbloomberg.ca/business/real-estate/2024/08/13/mortgage-broker-predicts-higher-demand-for-variable-products-amid-rate-cut-expectations/ “I think in the next few weeks, we’re going to see a lot of people really starting to switch to variable, especially as the news comes out that we’re expecting two to three more (interest rate) decreases this year,” Leah Zlatkin, a licensed mortgage broker and COO of Mortgage Outlet, said in an interview […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/whats-next-for-fixed-vs-variable-mortgages/500830 Speaking with Canadian Mortgage Professional in the wake of the Bank’s latest interest rate cut, Leah Zlatkin, chief operations officer and broker at Mortgage Outlet, pointed out that there remains a notable gap between the cost of a five-year fixed and a five-year variable mortgage. “It’s still maybe not a time when people are shifting […]

https://www.thestar.com/real-estate/bank-of-canada-interest-rate-cut-to-have-little-effect-on-real-estate-market-experts/article_aa2184e6-492a-11ef-9626-f37be4001e75.html Mortgages rates, while lowering, are still high for many people, said Leah Zlatkin, mortgage broker and COO of Mortgage Outlet. Homeowners with a variable rate mortgage, which is tied to the Bank of Canada’s prime rate, will see an immediate impact on their mortgage payments. And for buyers interested in opting into a variable-rate […]

https://www.bnnbloomberg.ca/investing/2024/07/24/how-will-the-bank-of-canada-rate-cut-impact-the-real-estate-market/ Leah Zlatkin, a licensed mortgage broker and Mortgage Outlet COO said in a statement that the latest move by the Bank of Canada is “not likely” to “move the housing market in a significant way.” “We’ve seen a 50-basis point drop since June, but rates are still comparatively high and many potential buyers are […]

https://calgary.ctvnews.ca/buyer-s-market-what-the-interest-rate-cut-could-mean-for-calgary-homeowners-1.6976684 “What this means for people is that if you’re looking to go buy a home, it’s a buyer’s market right now,” Leah Zlatkin, COO of Mortgage Outlet and licensed mortgage broker, told CTV Calgary. “So if you’re going to qualify it a little bit less, or if you’re looking to qualify on a fixed […]

https://nowtoronto.com/news/its-not-enough-canadians-react-to-bank-of-canada-cutting-key-interest-rate-for-second-straight-time/ “Given that rates have been high for an extended period of time, any decrease is welcome news,” Licensed Mortgage Broker and COO of Mortgage Outlet, Leah Zlatkin said in a statement on Wednesday. “But this cut is not likely to be the one that moves the housing market in a significant way. We’ve seen […]

https://ca.finance.yahoo.com/news/vancouver-home-sales-tumble-calgarys-173852229.html Canada’s five-year government bond yield generally follows the U.S. treasury 10-year yield, the U.S. economy has a “bigger impact” on fixed rates than BoC rate decisions, says Leah Zlatkin, a Toronto-based mortgage broker and COO of Mortgage Outlet.

https://financialpost.com/real-estate/mortgages/what-mortgage-shoppers-in-canada-need-to-know Leah Zlatkin, a broker with Mortgage Outlet Inc., outlines the pros and cons on longer amortizations, the best length of term and variable versus fixed rates. Spoiler: A three-year fixed mortgage is looking like a “safe bet.” “Typically the first time that some one is going to see a mortgage amortization schedule is when […]

https://www.bnnbloomberg.ca/business/real-estate/2024/07/04/buyers-finding-opportunities-in-torontos-housing-market-amid-high-mortgage-rates-broker/ Leah Zlatkin, licensed mortgage broker and COO of Mortgage Outlet, said that after the Bank of Canada lowered its policy rate in June by 25 basis points, “we saw a flood of new listings enter the market.” “But persistently high mortgage rates mean buyers are biding their time and aren’t in a hurry to […]

https://financialpost.com/real-estate/bank-of-canada-opens-door-variable-rate-mortgages The latest announcement is going to stimulate the market, said mortgage broker and COO at Mortgage Outlet, Leah Zlatkin. “What this does is decrease the rates at most of our variable lenders by 25 basis points” Zlatkin said in a recent interview with the Financial Post’s Larysa Harapyn. “So those rates are down to […]