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Consider a private 1st private mortgage or a credit consolidation loan with Tembo

November 8, 2023

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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Beating the Banks: Why Tembo Financial is your best bet in Ontario

November 8, 2023

If you’re a homebuyer in Ontario, you’re no stranger to the challenges that come with securing a mortgage. The decision to opt for a fixed or variable-rate mortgage is always a pivotal one. As is the reality of getting mor …

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Toronto’s Shifting Real Estate Landscape: A Buyer’s Market Emerges

October 24, 2023

Toronto is officially once again entering a buyer’s market. However, a puzzling question arises: Where are all the buyers? Despite an influx of new listings, many properties are languishing on the market. Why is this happening? …

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A Tembo debt consolidation loan can help boost your credit score

September 13, 2023

With interest rates at 20 year highs, consider combining high interest debt products into a single debt consolidation loan with Tembo. This can generate a substantial boost to your credit score by eliminating higher interest debt paym …

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Home bidding is still on steroids despite warnings of a slowdown

September 6, 2023

The bustling spring buying spree in Canada’s real estate market appears to have tapered off, with sellers still holding the upper hand in many cities. Robert Hogue, assistant chief economist at Royal Bank of Canada, highlights t …

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Stop Power of Sale scenarios with Tembo Financial

September 6, 2023

In this article, we’ll explore the possibility of stopping power of sale default situations through a private mortgage loan with Tembo Financial. We’ll also discuss “stigma equity,” a Tembo Financial term, and what …

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The BOC beat inflation, but at what cost?

August 3, 2023

It took the Bank of Canada a year and 10 rate hikes to do it, but they’ve succeeded in breaking the back of inflation. With Statscan reporting that June’s inflation number hit 2.8%, we’ve returned to the central bank’s inflati …

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Burnt out by BOC rate hikes? Consider a debt consolidation loan from Tembo

August 3, 2023

A recent report from Equifax reveals an alarming trend of increasing missed payments on nonmortgage bills among Canadians. As high interest rates and the rising cost of living continue to burden consumers, financial stability is becom …

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BOC rate hikes are slowing the housing rebound

July 17, 2023

Toronto’s real estate market experienced a notable shift in demand-supply dynamics last month, attributed to the Bank of Canada’s decision to resume its rate hiking cycle. Tembo would like to highlight a recent real estate …

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Taking out a second private mortgage in a rebounding housing market

June 27, 2023

   We always talk about how resilient the GTA and southern Ontario real estate market is. We’ve watched year after year as the market absorbs shocks, adapts, and continues to thrive. Over the long term, price growth remains health …

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Toronto’s Real Estate Resilience: The Rebound Continues

June 27, 2023

Toronto’s real estate market is showing remarkable resilience and bouncing back with vigor, according to recent data released by the Canadian Real Estate Association (CREA). The statistics reveal a significant increase in nation …

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The Bank of Canada’s Risky Moves: Are We Heading Towards a Recession?

June 13, 2023

The recent rate hike by the Bank of Canada on June 7 has raised concerns about the potential negative impact on the economy. Contrary to market expectations, the central bank’s decision to tighten monetary policy has led to spec …

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