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What is bridge financing and how does it work?

March 24, 2020

In the simplest terms, bridge financing is a short-term lending option that helps homebuyers bridge the gap between their old and new homes. It is often a short-term solution for the buyer in order for them to arrange the mortgage fo …

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Getting a loan for a house deposit

March 23, 2020

Getting a loan for a deposit on a new home is very common. The equity or savings that many people do have for a deposit is tied up in their current home. Luckily, there is an option for you to get a loan and put a deposit on a new pur …

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COVID-19 is changing the game

March 10, 2020

The disease that started off as a regional Chinese health challenge has now become an international economic concern that is spreading unease and uncertainty. Tembo gave a brief outline of the disease’s situation and status in i …

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The BOC & the Fed up the ante

March 6, 2020

Well it happened, the Bank of Canada took an emergency rate cut decision, we now have interest rates that are 50 basis points lower (0.50%) than where they were. The expectations for a rate cut were powerful. There was almost no expec …

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5 Ways to increase your home value before listing for sale

March 3, 2020

Are you planning on selling your home but looking to increase the value before listing? Here are 5 tips that may help you! Painting– having a fresh paint job in your home can help you increase the value of your home. This is bec …

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A Coronavirus Related Rate Cut?

February 26, 2020

News keeps building on the spread of the coronavirus around the world. South Korea has reported a thousand cases of the disease and over 50 deaths, with these numbers rapidly rising. The South Korean Government has responded by emula …

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Bank Mortgage VS. Private mortgage

February 25, 2020

When arranging a mortgage for your home, you are faced with many options that may be confusing to you. Tembo Financial offers solutions that can help you decide which is the best route to take. Though there are several differences bet …

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Regulators are concerned about the real estate market – again

February 20, 2020

The activity we’re seeing the real estate market is raising red flags with federal regulators and the Bank of Canada. When the 2016-17′ boom reached its peak governments at all levels rapidly intervened to cool activity. W …

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Galleria Mall is in the dustbin of history

February 7, 2020

The corner of Dufferin and Dupont is a working class, generally blue collar area not far from the mid-Toronto rail track. The area has always been busy, heavily transited, and Dufferin St. has continuously grown as a major north-south …

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Buttonville Airport is going for sale!

February 3, 2020

Buttonville Airport is a privately owned, public airport just north of Markham. It covers over 170 acres of the primest of prime suburban 905 real estate. The airport is a half hour drive from downtown Toronto and is just east of High …

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Rents are roaring!

January 31, 2020

The latest data by Rentals.ca and Bullpen Research and Consulting shows that the average rent for a one-bedroom apartment in Toronto has hit $2,300, with a two bedroom going for just under $3,000. Nationally, average rents shot up by …

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What’s in the deal Trump signed with China

January 31, 2020

As the bombastic rhetoric turned to tough actions, the criticism, surprise, and even fear started to set in. Candidate Donald Trump was laughed at for his tirades against the Chinese winning at the expense of Americans, at the strong …

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