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

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 by phone.

“You want to make sure that you’re going to get in when rates are low, so your renewal should be happening when rates have gone back down.”