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Category: Uncategorized

Category: Uncategorized

Stop Power of Sale with Tembo

May 15, 2025

Many Canadian homeowners are facing financial challenges due to shifting market conditions, with some at risk of power of sale scenarios. If you’re struggling to meet mortgage payments and worried about losing your property, Tembo F …

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Ontario starts moving on major housing reforms

April 30, 2025

The Ontario government, under Premier Doug Ford, is doubling down on its ambitious plan to reshape how housing is planned, approved, and built across the province. With a target of constructing 1.5 million new homes by 2031, the Progr …

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How Tembo can help you behind a CHIP Reverse Mortgage

April 7, 2025

For many retirees, their home represents their largest financial asset. Accessing their home equity while maintaining homeownership can be a challenge, especially for those with existing mortgages. Traditional lenders often have rigid …

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Tembo’s renovation loans help clients sell

March 19, 2025

Selling a home in Ontario can be a challenge in the present market or when a listing lingers longer than expected. For homeowners facing this situation, the right renovations can make all the difference—potentially increasing the sa …

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Inter-provincial trade barriers are hurting Canada’s housing market

March 11, 2025

Canada’s housing market is in crisis, with affordability at record lows and new supply struggling to keep pace with demand. While much of the blame is placed on the BOC’s post-pandemic interest rate fiasco and insufficient supply- …

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Housing listings have surged in the GTA

February 28, 2025

Predictions that Toronto’s housing market would roar back to life in 2025 have so far fallen flat, with sales activity continuing to underwhelm while new listings flood the market. The long-awaited rebound after a sluggish 2024 has …

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The tariff threat will force lower Bank of Canada rates

February 14, 2025

With the return of Donald Trump and his well-known stance on protectionist trade policies, Canada is once again facing the real threat of U.S. tariffs. We may have escaped tariffs for now, but make no mistake, if there’s one thing t …

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Trump doubles down on Canada tariff threat

January 29, 2025

Prime Minister Trudeau and the premiers have turned their focus to the pressing issue of interprovincial trade as a potential shield for the Canadian economy against looming threats from the United States. This strategic discussion, a …

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Blockbuster December job numbers could calm the rate cut frenzy

January 15, 2025

Blockbuster December job numbers could calm the rate cut frenzy The national economy ended 2024 on a surprisingly strong note, adding almost 91,000 new jobs, nearly four times the forecasted number. It marked the largest monthly incre …

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U.S. economy weathering high rates well with Fed cut imminent

September 12, 2024

Federal Reserve policymakers received fresh confirmation last Friday that inflation is continuing to ease, paving the way for a potential interest rate reduction as early as next month. As inflationary pressures subside, the Fed’ …

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A 50-basis point rate cut tomorrow?

September 3, 2024

Canada’s economy showed surprising strength in the second quarter of this year, outpacing expectations with higher-than-anticipated growth. However, despite this strong showing, signs of economic weakness emerged during the summer m …

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How Tembo’s services can come in handy in a cooling market

August 14, 2024

We’re seeing slowdowns in the condo market, a large increase in listings compared to sales, and investors increasingly wary of allocating capital. Higher interest rates and slowing employment growth are taking their toll. But despit …

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