Canada’s financial landscape is undergoing a significant change as the Office of the Superintendent of Financial Institutions (OSFI), the federal banking regulator, announces fresh restrictions on mortgage lending. Coupled with …
Read More »Canada’s financial landscape is undergoing a significant change as the Office of the Superintendent of Financial Institutions (OSFI), the federal banking regulator, announces fresh restrictions on mortgage lending. Coupled with …
Read More »The Federal Government’s recent budget has made waves with its spending, the size of its deficits over the coming years, and its tax changes. Increases to the Capital Gains Tax (CGT) were particularly contentious: Any capital gain r …
Read More »Deloitte Canada’s recent economic outlook report sheds light on the Canadian economic landscape, painting a nuanced picture of both the challenges we face and potential for new economic growth. Despite persistent headwinds such …
Read More »Tembo always keeps an eye on how policymakers are responding to housing issues. Politics may not always be the most popular topic, but politicians make the world. Given economic instability and interest rates back at long-term histori …
Read More »A recent Reuters poll of reputable U.S. economists has a majority of them predicting that the Fed will begin cutting rates in June. Those polled believe the central bank is waiting on additional data outlining the state of inflation a …
Read More »In recent days, stocks and the financial world have been abuzz with discussions surrounding recent announcements made by the Federal Reserve, particularly regarding inflation, interest rates, and economic growth projections. As a priv …
Read More »The Ontario housing market encountered unprecedented challenges in 2023, reminiscent of trends not seen since the 1990s. As we continue through a topsy-turvy year, the real estate scene in Toronto continues to be marked by a nuanced i …
Read More »We at Tembo want to introduce a brand-new proprietary term for the vast world of real estate: “stigma equity.” Our President and CEO Arryn Greenspan’s extensive experience helping clients led him to coin the term, based …
Read More »The end of 2023 saw the Bank of Canada maintaining its benchmark interest rate in the last three decisions, prompting a significant shift in market discussions from potential rate hikes to the anticipation of rate cuts. Tembo is notin …
Read More »Canadians are spending 8.1% of their disposable income on mortgage payments, whereas U.S. consumers are allocating roughly 4% for theirs. This difference in consumer spending In the realm of Canadian economics, the dynamics of mortgag …
Read More »The Canadian economy is facing some challenges, and recent data from Statistics Canada suggests that we might be entering a technical recession. We’ve been writing about the possibility of this for years – literally. Tembo’s pos …
Read More »Tembo Financial has long been the trusted name for countless clients throughout Ontario, specializing in second and third private mortgages. Over the years, we’ve been able to provide our a clients with their 2nd and 3rd mortgag …
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