Author Archive

Author Archive

Leah Zlatkin quoted in Financial Post: ‘Rate cuts could spark housing market volatility’

Posted on December 9th, 2023 by Leahs Mortgages

https://financialpost.com/real-estate/rate-cuts-spark-housing-market-volatility Leah Zlatkin, mortgage broker and Lowest Rates expert, talks with Financial Post’s Larysa Harapyn about the impact a Bank of Canada rate cut could have on Canada’s real estate markets and the different strategies to handle the dynamics based on what stage you are at in your homebuying journey. “There’s a lot of savvy […]

Leah Zlatkin Quoted in the Globe and Mail: “Does the latest Bank of Canada announcement mean it’s go time again for variable-rate mortgages?”

Posted on December 6th, 2023 by Leahs Mortgages

https://www.theglobeandmail.com/investing/personal-finance/article-does-the-latest-bank-of-canada-announcement-mean-its-go-time-again-for/ Leah Zlatkin of MortgageOutlet.ca said the three-year fixed-rate option is ideal for people who have zero tolerance for the risk of more rate hikes in the future. “There’s a high likelihood that the Bank of Canada will bring rates down,” Ms. Zlatkin said. “But we have no guarantee of that. And the last time […]

Leah Zlatkin quoted in CMP Talk: ‘Where does opportunity currently lie in Canada’s housing market?’

Posted on November 7th, 2023 by Leahs Mortgages

https://www.mpamag.com/ca/mortgage-industry/industry-trends/where-does-opportunity-currently-lie-in-canadas-housing-market/465808 The buyer’s market of today is masking pent-up demand, Leah Zlatkin says. “Given how slow things are right now, and the fact that most people are not qualifying for as much money, it is a really good opportunity for somebody who wants to capitalize, [somebody] who has funds set aside and who will qualify,” […]

Leah Zlatkin interviewed by CMP Talk: ‘What’s next for Canada’s mortgage market?’

Posted on November 5th, 2023 by Leahs Mortgages

https://www.mpamag.com/ca/cmp-talk/whats-next-for-canadas-mortgage-market/465554 The decision to hold was a good one but whether or not it stays that way, will all depend on what people’s spending will look like in the upcoming holiday period, Mortgage Outlet COO, Leah Zlatkin said. BoC has hinted that they are open to increasing rates if inflation doesn’t come down.     […]

Leah Zlatkin interviewed by the Financial Post: “Finding the best mortgage to ride out the storm”

Posted on November 4th, 2023 by Leahs Mortgages

https://financialpost.com/real-estate/mortgages/finding-the-best-mortgage-to-ride-out-the-storm Leah Zlatkin, mortgage broker and Lowest Rates expert, talks with Financial Post’s Larysa Harapyn about what homeowners can do to find the best mortgage if they are renewing in these higher interest rate times. “There are a lot of renewals coming up in 2024-25 and those that are undergoing renewals at that time are […]

Leah Zlatkin interviewed by CBC Listen: “Private lending no longer a fringe method of borrowing”

Posted on October 26th, 2023 by Leahs Mortgages

https://www.cbc.ca/listen/live-radio/1-90-columnists-from-cbc-radio/clip/16018563-private-lending-longer-fringe-method-borrowing Leah Zlatkin, mortgage broker and expert with LowestRates.ca, said the “role of a private mortgage is for either someone who has come upon some hard times and may have credit issues or for somebody who may have challenges qualifying for a mortgage because of an interim financial challenge” But Zlatkin says the goal should […]

Leah Zlatkin interviewed by BNN Bloomberg: “What a rate pause at 5% means for homeowners”

Posted on October 25th, 2023 by Leahs Mortgages

https://www.bnnbloomberg.ca/what-a-rate-pause-at-5-means-for-homeowners-1.1989376 Leah Zlatkin, mortgage broker and expert with LowestRates.ca, said she recommends shorter-termed products to clients, noting that three to four-year fixed products seem to be the “sweep spot right now.” “I don’t know if two years is long enough to really get us out of this potential future recession that’s looming,” she told BNNBloomberg.ca […]

Leah Zlatkin interviewed by the Financial Post: “Refinance or renew? How to choose when mortgage interest rates create sticker shock”

Posted on October 24th, 2023 by Leahs Mortgages

https://financialpost.com/real-estate/mortgages/when-to-refinance-renew-mortgage-higher-interest-rates Many Canadian homeowners are facing sticker shock with their monthly payments as their mortgage comes up for renewal, leaving them with a crucial choice: whether to renew or refinance their home loan. “They’re used to paying $2,000 every single month for the last five years and all of a sudden, now their payments are […]

Leah Zlatkin interviewed by TVA: “Key rate: the Bank of Canada’s decision will continue to hurt”

Posted on September 29th, 2023 by Leahs Mortgages

https://www.tvanouvelles.ca/2023/09/07/taux-directeur-la-decision-de-la-banque-du-canada-continuera-de-faire-mal Maintaining rates could “be a big relief” for many owners of adjustable-rate mortgages, says Leah Zlatkin.  Zlatkin said individuals may have difficulty with renewals if they have a fixed-rate mortgage from about five years ago. People applying for renewal will have difficulty re-qualifying with a new lender or their existing lender because the rates […]

Leah Zlatkin interviewed by BNN Bloomberg: “What the Bank of Canada’s rate hold means for mortgage owners”

Posted on September 9th, 2023 by Leahs Mortgages

https://www.bnnbloomberg.ca/what-mortgage-owners-need-to-know-about-the-latest-bank-of-canada-rate-hold-1.1967981 Leah Zlatkin, a mortgage broker and expert with LowestRates.ca, said in a Wednesday interview with BNNBloomberg.ca that the rate hold may “come as a great relief” to many variable-rate mortgage owners. In the current environment, she said she recommends three-year fixed products to many clients, depending on their needs. Zlatkin said individuals may struggle […]