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 …

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†…

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 …

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 …

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. …

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 …

In today’s economy, getting a mortgage from a traditional big 5 bank can be a challenge. With slow approvals, strict lending criteria, and deep institutional conservatism on who to approve, it’s no wonder that many people …

As a private mortgage lender in Toronto, we understand the financial strain that the holiday season can leave on our clients. After the festivities and expenses of the season, many people find themselves struggling with a significant …

In this week’s blog post, we’re going to focus on some solid and positive news. From June 2022 to December 2022, Canada has seen inflation decline, with just one month of inflation staying flat (October). The inflation rat …

Yes, the market has turned to become more difficult for sellers, and inflationary pressures continue to put upward pressure on interest rates; but the underlying fundamentals to our real estate market are strong. Over the long term, p …

Mortgage stress tests were introduced some years ago as an added security to protect the overall lending market from risky first time home buyers. Stress tests were intended to prove that first time buyers would be able to pay their m …

In October we published an infographic outlining exactly how the Bank Of Canada’s rate increases were impacting Canadians with variable mortgages. With the recent news from the Bank Of Canada hiking rates another 0.5% (50 BPS) these …