There are a wide variety of mortgage solutions available today and it can be confusing to understand the differences between them. At Interior Savings, we know how important it is to choose the mortgage that fits your needs best.
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You just bought a brand-new condo downtown. Congrats! The views are great, you’re focused on decorating, and you don’t have a care in the world because your strata takes care of everything….right?
If you’re looking to purchase your first home or thinking about selling your current home to make an offer on something new and exciting, you may be wondering how much of your budget should go towards a monthly mortgage payment.
If you’re a homeowner, you’re probably looking forward to the day you hand over that final mortgage payment. But as we age, we increasingly think about our needs for retirement: how much money we’ll have to save, how and where to save it, its preservation and growth potential, our level of taxation and more. Should we be focused on paying down our mortgage, or is saving for retirement the real priority?
Picture this: You have a budget and you stick to it, which allows you to put some money into a savings account. You’ve had a long week at work, so you go for lunch with friends and then decide to go browse some stores. While you’re there you see a new pair of boots that you NEED to have. You check your account balance on … Continue reading Make it Untouchable
No matter your situation, there’s always something on the horizon that you’ll need to save for. Maybe it’s a house, a car, tuition, a wedding, retirement, or even that vacation to Italy you’ve always dreamed of. The good news? It’s so easy to start with these 5 easy steps.
We asked one of our member to share what their experience was like when they chose to open a Registered Retirement Savings Plan and why they chose to open one. Read on to see what they had to say! I always knew saving for retirement was the right thing to do, especially when my husband and I started a family. I didn’t think there … Continue reading Why I chose my RRSP
We asked one of our member to share what their experience was like when they chose to open a Tax-Free Savings Account and why they chose to open one. Read on to see what they had to say! I didn’t know what to expect when meeting with someone at Interior Savings Credit Union to discuss opening a Tax-Free Savings Account. I had heard about … Continue reading Why I Chose my Tax-Free Savings Account
As COVID cases continue to rise (along with cases of the sniffles), have you considered how you’ll do your banking if you find yourself stuck at home? While many of our members are already devoted users of online banking and our mobile app, we know some members haven’t made the leap. Maybe you prefer coming into the branch (we love seeing you too!), maybe you … Continue reading How to Bank While you Isolate
We get a lot of questions from our members on investing in volatile or uncertain times. There is a lot of emotion and guesswork at play when investing in unprecedented times like we are facing right now. Here are just a few of the more common ones: If I have money to invest, should I invest it all at or am I better to spread it … Continue reading Take the Guesswork out of Investing in Volatile Markets
