The Federal Reserve hikes rates and what that means for Canadian real estate On Wednesday of this week, Federal Reserve Chair Janet Yellen, in her final act in the job, raised the benchmark interest rate from 1% to 1.25%. President Tr …

Ontario Election 2018 – What’s in it for real estate? In this blog post, Tembo Financial Inc. will analyze the election platform for the Progressive Conservative Party (PCs) and will outline what the official opposition is proposi …

Labelled as the “lazy and entitled” generation, Millenials have seen their share of criticism. But revel in this – a recent study shows that millennials are better at saving than their parents, the baby boomers. According to …

In a promising sign that the traditionally positive seasonal effects of Fall on the real estate market are once again kicking in, October sales of homes in Toronto rose over 12% from September figures. The increase will be well receiv …

After having been walloped by a combination of new taxes, higher interest rates, tougher financing rules, and a massive glut of housing listings, the Toronto housing market showed positive signs of resilience and recovery by posting a …

If you’re anything like us – you’re always glued to your smartphone device. With every application you can imagine, our smartphones have quickly become our navigational system, entertainment system – and our financial …

The Bank of Canada was generally expected to raise its benchmark interest rate from 1.00 to 1.25 this week, but decided to hold its rate at 1.00. The Bank cited strong economic growth and the desire to moderate its pace of rate increa …

Home buyers could lose a quarter of their home buying power if federal officials get their way in establishing guidelines to prevent people from borrowing too much. Federal officials are proposing stress testing uninsured mortgages. U …

If you’re a millennial thinking of venturing into the real estate world, there’s a few things you need to learn about before taking your journey. You might be already drowning in student debt, and generating low income, however, k …

The Federal Reserve is the Central Bank of the United States. Like the Bank of Canada, the Federal Reserve, known as the Fed, manages the U.S. dollar by determining interest rates, and controlling the money supply (regulating the amou …

The Government of Canada is carefully examining the effects of two rapid Bank of Canada rate hikes on the economy, the real estate market, and consumers. The immediate impact of the hikes saw prime mortgage rates increase across the e …

The Bank of Canada’s (BOC) decision to raise interest rates by a quarter basis point again last week came as a surprise to many and solidified the reality that the Bank has taken an aggressively hawkish position on the cost of money …