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 …

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 …

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 …

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 …

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 …

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 …

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 …

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? …

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 …

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 …

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 …

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 …