Blog Article

Wednesday, 13 July 2022

By Leahs Mortgages

Leah Zlatkin quoted in the Toronto Sun: ‘Would-be Homebuyers Should Confirm Mortgage Pre-approvals, Says Broker’

https://torontosun.com/news/would-be-homebuyers-should-confirm-mortgage-pre-approvals-says-broke

“If you were qualified several weeks ago, you need to be very conscious of this, and you need to make sure you get pre-approved again,” said mortgage broker Leah Zlatkin, ofLowestRates.ca.

“You likely have to re-qualify for a property that you would have been pre-approved for a mortgage on.”

With rates pushed up by 1% on Wednesday – higher than the expected .75% hike – people considering jumping into the real estate market need to do their homework.

“It’s been busy with the announcement today. We’ve got a lot of clients calling. But most people were expecting this,” Zlatkin said.