Growing Fear of Coronavirus Could Shake Up Mortgage Rates

Author: External Author | | Categories: Debt Consolidation , First Time Buyer Mortgage , Investment Property , Mortgage Broker , Mortgage Pre-Approval , Mortgage Rates , Mortgage Refinancing , Mortgage Services

The World Health Organization’s decision to declare the novel Coronavirus an international public health emergency on Thursday could have serious economic consequences.

As the public’s fears of the deadly virus worsen, James Laird, co-founder of Ratehub Inc. and president of CanWise Financial mortgage brokerage, says consumer confidence is going to decline, the trade will slow, and economic growth will diminish.

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Original Article Source Credits: Toronto Storeys,

Article Written By Ainsley Smith

Original Article Posted on : January 31, 2020

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