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 …

A recent report from Equifax reveals an alarming trend of increasing missed payments on nonmortgage bills among Canadians. As high interest rates and the rising cost of living continue to burden consumers, financial stability is becom …

Toronto’s real estate market experienced a notable shift in demand-supply dynamics last month, attributed to the Bank of Canada’s decision to resume its rate hiking cycle. Tembo would like to highlight a recent real estate …

   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 …

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 …

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 …

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 …

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 …

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 …