interest rates Archives - Cottage Life

Senior Couple Sitting Around Table At Home Reviewing Finances Using Digital Tablet, considering renegotiating their mortgage

Is now the time to renegotiate your cottage mortgage?

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

Close-up hands sign document at meeting. Client making deal with professional manager at negotiate in office. Successful man concludes agreement with lawyer. vendor take-back mortgage

Rising interest rates spur renewed interest in vendor take-back mortgages

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

RBC sign outside of a bank, real estate market predictions

RBC forecasts historic real estate market correction, including cottages

Real Estate

Increased Interest Rates

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

Real Estate

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

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

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

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