Mortgage Rates Near Record Low
Washington, DC, Nov. 3, 2011 -- The average rate on the 30-year fixed mortgage fell to 4% this week, near the all-time low.
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.
Georgia Congressman Featured at CRI Meeting
Dalton, GA, Nov. 3, 2011 -- Georgia 9th District Congressman Tom Graves will be the featured speaker at the Carpet and Rug Institute's Annual Business Meeting.
Langhorne Sponsoring Student Design Contest
Penndel, PA, Nov. 3, 2011 -- The designs for Langhorne Carpet Company’s new Eco Line will be the product of the mill’s first Morrow Design Competition featuring students from 10 design programs.
Business Productivity Surges in Third Quarter
Washington, DC, Nov. 3, 2011 -- Business productivity surged 3.1% in the third quarter, according to the Labor Department.
Dover Rug & Home Builds New Showroom
Natick, MA, Nov. 3, 2011 -- Dover Rug & Home has built a new facility in Natick and is in its last stages of construction.
Mullican To Expand Tennessee Operations
Johnson City, TN, Nov. 2, 2011 -- Hardwood flooring maker Mullican Flooring said it will expand its operations in Johnson City.
Private Sector Employment Rises in October
Washington, DC, Nov. 2, 2011 -- Private-sector employment increased in October, according to the ADP employment report released Wednesday.
Planned Job Cuts Fall Sharply in October
Chicago, IL, Nov. 2, 2011 -- The number of planned job cuts in the U.S. fell 63% to 42,759, the lowest level since June, according to outplacement firm Challenger, Gray & Christmas.
Remodeling Activity Declines in Third Quarter
Washington, DC, Nov. 2, 2011 -- Remodeling and replacement activity nationally declined in the third quarter, according to the Residential Remodeling Index by Hanley Wood.
Mortgage Application Volume Edges Up
New York, NY, Nov. 2, 2011 -- Mortgage application volume was little changed last week as purchase demand improved but refinancing activity dipped, according to the Mortgage Bankers Association.