Author Archive

Author Archive

Leah Zlatkin Quoted in the Globe and Mail: “For real estate preconstruction buyers, a hard truth”

Posted on April 3rd, 2024 by Leahs Mortgages

https://www.theglobeandmail.com/real-estate/toronto/article-for-real-estate-preconstruction-buyers-a-hard-truth/ Leah Zlatkin, mortgage broker with Mortgage Outlet, says investors who buy condos with the intention of selling in the assignment market typically ensure that a clause in the contract allows them to do so. Many exit before the building is complete. She’s seeing an influx of buyers who intended to live in the unit […]

Leah Zlatkin quoted by BNN Bloomberg: “Mortgage broker says more first-time buyers entered the market following the pandemic”

Posted on March 22nd, 2024 by Leahs Mortgages

https://www.bnnbloomberg.ca/mortgage-broker-says-more-first-time-buyers-entered-the-market-following-the-pandemic-1.2050645 Leah Zlatkin, a licensed mortgage broker and expert with LowestRates.ca, said in a statement on Thursday that she believes that first-time buyers elected to wait for the COVID-19 pandemic to “normalize” before buying a home. “First-time buyers are usually more nervous to purchase their first home so they waited. This is when we saw […]

Leah Zlatkin quoted in CMP Magazine: ‘Homebuyers urged to enter market as spring approaches’

Posted on March 18th, 2024 by Leahs Mortgages

https://www.mpamag.com/ca/mortgage-industry/industry-trends/homebuyers-urged-to-enter-market-as-spring-approaches/481568 According to Leah Zlatkin, a mortgage broker associated with LowestRates.ca, the upcoming spring market is going to be “very hot” due to accumulated demand. The heightened demand comes as a backlog of buyers hold off on making purchase in anticipation of rate cuts that economists have projected to occur around June. But Zlatkin noted […]

Leah Zlatkin interviewed by the Financial Post: ‘Homebuyers should jump into the market before interest rates go down, says expert’

Posted on March 17th, 2024 by Leahs Mortgages

https://financialpost.com/real-estate/homebuyers-should-jump-into-the-market-before-interest-rates-go-down-says-expert The spring housing market is expected to be “very hot” because of the pent-up demand for properties, said mortgage broker and Lowest Rates expert Leah Zlatkin. “There are many people who are ready and poised to buy right now,” Zlatkin said in a recent interview with the Financial Post’s Larysa Harapyn. “For those people who […]

Leah Zlatkin interviewed by CityNews: ‘Impact of Bank of Canada Rates’

Posted on March 9th, 2024 by Leahs Mortgages

https://mms.tveyes.com/MediaView/?c3RhdGlvbj0xNDc4MCZTdGFydERhdGVUaW1lPTAzJTJmMDklMmYyMDI0KzIxJTNhMjglM2EyNSZFbmREYXRlVGltZT0wMyUyZjA5JTJmMjAyNCsyMSUzYTMwJTNhMjEmJiZkdXJhdGlvbj01MzUxNSZwYXJ0bmVyaWQ9NzMxMyYmaGlnaGxpZ2h0cmVnZXg9JTVjYmxvd2VzdCtyYXRlcytkb3QrQ0ElNWNiJm1vZGVkaXRvcmVuYWJsZT10cnVlJm1vZGVkaXRvcmRlc3RpbmF0aW9ucz00JiZleHBpcmF0aW9uPTA0JTJmMDglMmYyMDI0KzIxJTNhMjglM2EyNS4wMDAmaW5zdGFudFBsYXk9VHJ1ZSZzaWduYXR1cmU9ZDgzODQ5ODUwN2RmZDJkZGNmYmFjZWI5NjI3NmI5MDA=# “Bank of Canada rates really only impact variable-rate for the most part” says Leah Zlatkin, a mortgage expert at lowestrates.ca. “We are still seeing fix rates that are down from about 6 months ago, we got stuck at around 5% right now. That’s very reasonable compared to where they were previously, certainly for people coming into renewal.”

Leah Zlatkin quoted in CMP Magazine: ‘Steady interest rates prompt rush home purchases in GTA’

Posted on March 7th, 2024 by Leahs Mortgages

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 […]

Leah Zlatkin interviewed by the Financial Post: ‘Canada poised for a ‘very hot’ housing market this spring’

Posted on March 7th, 2024 by Leahs Mortgages

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 […]

Leah Zlatkin quoted by CBC News: “First-time homebuyer incentive is discontinued, says federal housing agency”

Posted on March 2nd, 2024 by Leahs Mortgages

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 […]

Leah Zlatkin quoted in CMP Magazine: ‘Toronto’s real estate market heats up amid rate cut rumours’

Posted on February 28th, 2024 by Leahs Mortgages

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, […]

Leah Zlatkin quoted in Global News: ‘Spring will be ‘pivotal moment’ for housing market’

Posted on February 27th, 2024 by Leahs Mortgages

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 […]