August 3, 2015

August 3, 2015

How a foreclosure becomes a vacancy: The House Next Door – When a foreclosure notice hits, many homeowners abandon their homes.

Even as mortgage closing costs drop, you’d better shop around – The average total cost a borrower pays to close on a home loan has dropped slightly, an exclusive Bankrate.com survey finds.

Greece debt crisis: Athens stock market ends 16% lower as manufacturing plunges – as it happened – The Greek stock market ended 16.23% lower, its worst daily performance since 1985 when modern records began, with banking shares inevitably the main fallers. There were only nine gainers, including furniture maker Dromeas which gained around 29% after announcing – somewhat ironically given Greece’s problems with the EU – that it had wond a €30m deal to supply European Commission offices.

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MEDIATOR OF THE MONTH: Jeffrey Grayson
August 3, 2015