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Category: Uncategorized

Category: Uncategorized

Taking out a second private mortgage in a rebounding housing market

June 27, 2023

   We always talk about how resilient the GTA and southern Ontario real estate market is. We’ve watched year after year as the market absorbs shocks, adapts, and continues to thrive. Over the long term, price growth remains health …

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Toronto’s Real Estate Resilience: The Rebound Continues

June 27, 2023

Toronto’s real estate market is showing remarkable resilience and bouncing back with vigor, according to recent data released by the Canadian Real Estate Association (CREA). The statistics reveal a significant increase in nation …

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The Bank of Canada’s Risky Moves: Are We Heading Towards a Recession?

June 13, 2023

The recent rate hike by the Bank of Canada on June 7 has raised concerns about the potential negative impact on the economy. Contrary to market expectations, the central bank’s decision to tighten monetary policy has led to spec …

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Higher rates are biting into the big banks

June 8, 2023

The second-quarter results from Canada’s prominent banks reflect the impact of increased inflation and the central bank’s efforts to curb it, leading to a challenging environment for the financial sector. Four of the Big F …

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Why did inflation go up in April?

May 24, 2023

We’ve all seen the news that April’s inflation figure rose to 4.4% from March’s 4.3%. The increase marked the first in almost a year, as inflation had been either falling or stagnant since June of 2022. The increase was tiny, bu …

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GTA house sales and prices are rising again

May 19, 2023

The Toronto housing market continues to show ironclad  resilience despite COVID-19, post-pandemic challenges, and interest rate hikes. A flurry of historically unprecedented wrenches were thrown at the housing market, and yet it has …

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Buying real estate now is the best protection against global uncertainty

May 4, 2023

As the world grapples with ongoing economic and financial instability, many people are wondering how to safeguard their investments and assets. In times of economic uncertainty, it is natural to feel hesitant about investing in real e …

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A snapshot of Federal finances under PM Justin Trudeau

May 4, 2023

With all the media talk on inflation, a potential recession, the need for the BOC to cut rates again, and the PSAC strike, Tembo thought it would be stimulating to provide an objective overview of the state of the federal government†…

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Fears of international bank contagion are (slowly) easing

April 5, 2023

All eyes are on the European banks, especially Deutsche Bank – but in the U.S., extraordinarily quick moves by the financial authorities have calmed markets and facilitated restructuring. First Citizens, a bank holding company with …

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How Silicon Valley Bank’s collapse might change everything

March 24, 2023

In just a few days, global financial and monetary conditions have dramatically changed. The collapse of the comparatively small Silicon Valley Bank (SVB) in California will likely have big implications for Ontario and GTA real estate …

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The BOC finally pauses on rate hikes, for now

March 9, 2023

The Bank of Canada finally decided to pause interest rate increases at its March 8th decision meeting. Markets did not anticipate a hike, and analysts who were hawkish believed a 25 basis point increase was as far as the BOC would go. …

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The advantages of a private second mortgage with Tembo Financial

March 9, 2023

As a homeowner, there may come a time when you need access to extra cash for various reasons, such as home renovations, debt consolidation, or investing in another property. While there are several options available for obtaining the …

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