Today's Flooring News

Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.

Mortgage Rates Hit Another Record Low

Washington, DC, July 27, 2012 -- Mortgage rates reached new all-time lows this week for both the 30-year and 15-year fixed-rate loans, according to Freddie Mac.

Armstrong Gets Climate Registered Status Again

Lancaster, PA, July 27, 2012 -- Armstrong World Industries said it has achieved Climate Registered status for five consecutive years.

Consumer Sentiment Better Than Expected

Ann Arbor, MI, July 27, 2012 -- The final reading of the University of Michigan-Thomson Reuters July consumer sentiment survey was 72.3.

Durable Goods Orders Rise in June

Washington, DC, July 27, 2012 -- Durable goods orders increased a better-than-expected 1.6% in June, the Commerce Department estimated Thursday.

Interface Sells Bentley Prince Street for $35M

Atlanta, GA, July 25, 2012 -- Interface said that it has entered into a definitive agreement to sell its Bentley Prince Street division in a transaction valued at $35 million.

Pending Home Sales Decline in June

Washington, DC, July 26, 2012 -- Pending home sales fell 1.4% in June, according to the National Association of Realtors.

Interface Reports Lower Income, Sales

Atlanta, GA, July 25, 2012 -- Interface reported that net income in the second quarter was $10.3 million, or $0.16 per share, compared with net income of $12.8 million, or $0.20 per share, a year ago.

Initial Jobless Claims Plunge Last Week

Washington, DC, July 26, 2012 -- Initial claims for unemployment benefits fell sharply last week, according to the Labor Department.

Clarion Industries Names Babula CEO

Shippenville, PA, July 26, 2012 -- Clarion Industries has named Michael Babula president and CEO.

Foreclosure Activity Up in First Six Months

Irvine, CA, July 26, 2012 -- Total foreclosure activity increased in the first half of this year from the previous six months, according to online foreclosure tracking firm RealtyTrac.