
Coronavirus and My Mortgage, Really?
How would the recent panic over the Coronavirus affect my mortgage? Two things that you may never felt like they would be on the same plane. Let’s take a look. The Coronavirus effect is spreading even faster and wider than the actual virus itself. Literally whole cities have been locked down, under quarantine. It just so happens one of those cities (Wuhan), which is the epicenter of this dreaded virus, is also a worldwide economic hub of manufacturing. To firms such as Apple (among others), a shutdown in the product chain means lower corporate earnings, which in turn weigh on stocks, and your retirements funds. OK...simple enough, as this too shall pass….. Only it doesn’t simply pass, it actually gets worse. The virus itself spreads, and the deaths rise, causing…