https://www.mpamag.com/ca/mortgage-industry/industry-trends/steady-interest-rates-prompt-rush-home-purchases-in-gta/480168 The Bank of Canada’s decision to hold the overnight rate steady at 5% is sparking a surge in demand among homebuyers in the Greater Toronto Area (GTA) as noted by LowestRates.ca mortgage expert Leah Zlatkin. “Despite the Bank of Canada’s decision to keep the rate stable, we’re witnessing a surge in demand within the GTA […]

https://financialpost.com/real-estate/mortgages/housing-market-spring-very-hot-canada Leah Zlatkin, mortgage broker and Lowest Rates expert, talks to the Financial Post’s Larysa Harapyn about how shelter inflation is affecting the Bank of Canada’s decision to cut rates, what to expect from the spring housing market and who should consider buying a home right now. She also offers insights on how to choose the best mortgage. “We really […]

https://www.cbc.ca/news/business/first-time-home-buyers-incentive-discontinued-1.7130966 “We had a lot of young Canadians asking about this program,” said Leah Zlatkin, a mortgage broker in Toronto. However, applicants were required to meet specific criteria — including qualifications related to annual income and cash savings —  that made the program restrictive. Only two of Zlatkin’s clients qualified for it in the entire time that […]

https://mpamag.com/ca/mortgage-industry/market-updates/torontos-real-estate-market-heats-up-amid-rate-cut-rumours/479235 LowestRates.ca mortgage expert Leah Zlatkin observed a marked increase in buyer interest: “Interest has picked up and we’re seeing a significant uptick in pre-approvals, though purchases are still lagging mainly due to continued tight supply. We are hearing of bidding wars for some desirable properties.” She also highlighted the recent dip in fixed rates, […]

https://globalnews.ca/news/10320176/sidelined-homebuyers-canada-possible-interest-rate-cuts/ Leah Zlatkin, mortgage broker and expert with LowestRates.ca, said in a statement that fixed-rate mortgages have dipped in recent weeks amid expectations for the Bank of Canada to cut its policy rate. She said that some buyers may be rushing into the market now to beat the “expected rush when rates finally do go […]

https://www.mpamag.com/ca/mortgage-industry/industry-moves/cmba-reveals-new-ontario-board-of-directors/475327 Licensed directors on the board will be Leah Zlatkin, Frank Napolitano, Ann Pope, Doug Adlam, Deren Hasip, Shawn Stillman, and Chris Bargis. “Each board member brings a wealth of expertise, experience, and insights. Their collective leadership will play a pivotal role in shaping the future of our Association, ensuring that we stay true to […]

https://www.thestar.com/business/forever-mortgage-warning-canadas-financial-watchdog-cautions-banks-over-use-of-fixed-payment-variable-loans/article_b6430778-bad1-11ee-91c9-b3c67ce1ae67.html The biggest concern with fixed-payment variable rate mortgages is when it comes time to renew, the borrower will need to return to the contractual amortization period, said Leah Zlatkin, LowestRates.ca expert and licensed mortgage broker, which will result in payment shock as monthly payments often spike. Some homeowners, she said, have loan-to-value ratios of 100 per cent, […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/first-time-buyer-prospects-a-big-question-for-2024/474055 Leah Zlatkin, chief operating officer at Mortgage Outlet, told Canadian Mortgage Professional that a likely lower-interest rate environment, a continuing surge in immigration, and a sluggish economy were likely to counterbalance each other and keep prices relatively steady for the year ahead. “When you have declining rates and immigration, that usually leads to an […]

https://globalnews.ca/news/10219789/fixed-mortgage-rates-canada-january-2024/ Mortgage Outlet COO and broker Leah Zlatkin notes that three-year fixed mortgages are also down from recent highs, floating just above the five-per cent market. “It is a really good time to get a lower (fixed) interest rate than you would’ve been getting for the last year,” she tells Global News. But Zlatkin also […]

https://www.mpamag.com/ca/mortgage-industry/industry-trends/renewals-set-to-offer-big-opportunity-for-brokers-in-2024-and-beyond/472711 Leah Zlatkin (pictured), chief operating officer and broker at Mortgage Outlet, told Canadian Mortgage Professional that borrowers are likely to consider as wide a range of options as possible when renewing, opening the door for brokers to show their value and find new clients in 2024 and beyond. “People, at least anecdotally, are finding that maybe […]