Britain’s vote to exit the European Union could boost the U.S. housing and real estate markets via low interest rates and money taken out of stocks and put into mortgage lending and REITs.
The Dow Jones Industrial Average ended Monday down 260.51 point closing at 17,140.24, according to Google Finance. That is a 1.5 percent drop.
That comes after Friday’s big 610-point drop for the Dow, 3.4 percent drop.
The Dow has lost more than 870.5 points the past two trading days.
The money flowing… …read more
From:: biz journal foreclosures