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

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 the overnight rate would have to decrease significantly more before variable rates are competitive compared to a fixed-rate mortgage, it could be worth it for homebuyers in the long run to get into the housing market now before demand picks up in 2025,” Zlatkin said.