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Category: Uncategorized

Category: Uncategorized

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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Can you be denied a mortgage renewal?

January 29, 2020

Worried about being denied a mortgage renewal? Read this article to learn about reasons why your mortgage renewal could be denied & what to do about it. Being denied a mortgage renewal is possible and there are many reasons why th …

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Power of Sale: What is it and how to stop it

January 22, 2020

Power of sale can make it seem like you’re not in control of selling your home. Read this article to learn what it is & how to stop power of sale. Power of sale allows your lender to sell the subject property and be repaid f …

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Can you use your mortgage for home renovations?

January 16, 2020

Ever wondered if you could use your mortgage for a home renovation? Here is more information about the process and benefits of doing it! The simple answer is yes! You can use your mortgage for home renovations. In fact, many people do …

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A snapshot of Toronto’s economy & construction sector as we wrap up 2019

December 20, 2019

In this blog post, Tembo will give its readers an overview of the state of Toronto’s economy and its major financial indicators. In this way, Tembo hopes to reveal the overall good shape, flexibility, and versatility of Toronto& …

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What will happen in Washington?

November 22, 2019

We are rapidly approaching the 2020 U.S. Presidential election. What’s already been an eventful, heated, controversial, and at times militant last few years politically in the U.S. is only going to intensify. Donald Trump is fac …

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Ontario’s parliament resumes October 28th

October 30, 2019

After one of its longest recesses in history, the provincial PC government will be back at work when the Legislature resumes on October 28th. The PCs took many months off to rest and re-calibrate, and to allow the Federal election to …

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What the banks are now calling a ‘rental crisis’

September 26, 2019

RBC’s lauded economics division recently released a report called Big City Rental Blue: A look at Canada’s Rental Housing Deficit which has grabbed a decent chunk of media attention. The report is an interesting read. It s …

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On the threat of a war with Iran

September 24, 2019

There’s been significant media attention in the last few months on escalating tensions in the Persian Gulf between the U.S., Israel, Saudi Arabia and its allies and Iran. Not long ago, the Saudis claimed that an attack on a majo …

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Federal Reserve is cutting rates, again

September 23, 2019

Global accommodating cycles are intensifying as economic apprehension and wariness over the potential of a slowdown grows. A few days ago Fed Chair Jerome Powell announced that the Fed would cut rates again from 2% to 1.75%. This come …

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On Money Laundering and International Property Ownership Laws

June 12, 2019

On Thursday, May 30th, the federal government revealed it had found over $1 billion in new tax revenue. Where did the Feds get the money? From real estate. Four years of drawn-out, complicated CRA audits saw almost 42,000 files review …

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