Tag: canada

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

Last week’s Bank of Canada interest rate cut caught the attention of potential cottage buyers. Ottawa-based mortgage broker Andrew Thake will tell you that his inbox was flooded with client messages after the announcement. But is the 25-basis-point drop enough to throw in a cottage bid, or should you wait to see how the market […]