Bank of Canada Archives - Cottage Life

Cottage Q&A: With the recent interest rate cut, is now a good time to buy a cottage?

Real Estate

A wooden percentage mark is to the left of stacks of coins. An arrow pointing downwards hovers over the coins

What cottagers need to know about the Bank of Canada’s interest rate cut

Real Estate

Coins stack and home on pink pastel background. Extending amortization periods

Would extending mortgage amortization periods make cottages more affordable?

Real Estate

House is placed on the calculator and coin is on the calculator. mortgage stress test

Mortgage stress test remains unchanged (for now) despite high interest rates

Real Estate

Tiff Macklem delivers news about the Bank of Canada raising interest rates in a press conference on October 26, 2022

Bank of Canada raises interest rates for sixth consecutive time. Here’s what it means for... cottage mortgages

Real Estate

2023 Recession

RBC predicts recession could hit early next year. Here’s who will be most affected

Real Estate

Hiked Interest Rates

Here’s what the Bank of Canada’s latest interest rate hike means for borrowers

Real Estate

Increased Interest Rates

Cottage mortgages jump as Bank of Canada raises interest rate to 2.5 per cent

Real Estate

Gas Station

What the new gas tax cut in Ontario means for your cottage commute

General

Lake house with pier and woods with sunrise in the morning

Cottage mortgage payments could increase by 45 per cent in the next three years

Real Estate

Counterfeit Toonie

RCMP seize 10,000 counterfeit toonies—here’s how to tell if you have one

General

Bank of Canada engraved on stone outside a building, interest rates

Interest rates just went up—here’s what it means for cottage country

General