According to a recent analysis by CIBC, only 2.2% of mortgages are given out by alternative institutions other than banks and credit unions.  However, that statistic is up from recent years and continues to grow as more and more Cana …

Tembo Financial has been featured in a blog! Bruce M. Firestone, PhD, recently discussed Tembo’s unique and innovative financing service on his blog: Prof Bruce. After viewing Tembo Financial’s newly released commercial, (Click he …

The search for your new home purchase is not always easy. Some people find themselves searching for months until they’ve found the perfect community to suit them in the next step of their lives. Evidently, a new home purchase is a h …

There are many financing options to consider when renovating your home. Whether you are renovating to save energy, improve safety, build an additional room, increase the resale value, or just for a change of scenery – Tembo Financia …

According to an article from The Globe and Mail, Canada’s mortgage debt has more than doubled in the past decade, to nearly $1.3-trillion even though South of the border, the U.S. economy is looking up. Unemployment is down, wages a …

Most people get overwhelmed when thinking about financial planning and security. Since it can be a quite complex situation, people tend to avoid it but it is only a matter of establishing a foundation and building up from there. Here …

Canadians are increasingly spending more money to update their houses over purchasing new ones. The Financial Post notes that renovation spending reached $68 billion in 2014 with expectations of growth at 3 per cent annually in 2015 a …

A good home inspection can increase the value of your home, decrease the time it’s on the market and minimize negotiation on the selling price. Home inspections are not just for buyers but for sellers too. As a seller a good home in …

Experts say that lenders have become more stringent on providing mortgages to the average self-employed Canadian. Though the number of Canadians working for themselves is steadily rising, at approximately 2.7 million in 2014, the rule …

One of the number one tips for investing is diversification. Most value investors chose to concentrate their holdings by only investing in their 10 to 15 top ideas. Whereas successful venture capitalist’s have close to 100 companies …

Debt has never been more relevant in Canada that it has in the last decade. Many Canadians continue to fall deeper and deeper into debt with no way out. According to Statistics Canada, 71 per cent of all Canadian families carried some …

In the GTA, the sales of houses and condos over $1 million were up 56 per cent in the first half of this year over the same period last year. This means that Toronto has surpassed Canada’s big-ticket city, Vancouver, where houses an …