Your Money

The Russia-Ukraine conflict has escalated and coordinated sanctions against Russia have broadened. In markets, we think Russia’s outsized role in commodities may constrain already tight supply, boosting prices. Economically, implications may be more regional as Russia accounts for 3% of global GDP, though there may be spillover effects from trade, energy, and financial conditions.



source: Haver Analytics and Goldman Sachs Global Investment Research

Your Life

Many people think that since property taxes are calculated and rolled into the final monthly mortgage payment, you don’t really need to pay attention to that amount. You just need to make sure that you can pay the monthly total. That’s not entirely true. Property taxes are important to States and local governments because this is critical revenue funding for services and maintenance of common areas such as roads. Even after the mortgage is fully paid, the payment of property taxes will continue. A high-value home can cost more to own than renting a much smaller place due to property taxes. Also, property tax assessments can change...and they rarely go down!

4 Reasons Why Knowing Your Property Tax is Important
by First Savings Mortgage Corp

Complexity Simplified

Trivia