Mortgage Rates Hit Eight-Month High
Washington, DC, April 9, 2010--The 30-year fixed-rate mortgage reached its highest weekly level in eight months this week, averaging 5.21%, according to Freddie Mac's weekly survey of conforming mortgage rates.
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.
High End Homes Likely To See More Foreclosures
Washington, DC, April 9, 2010--Houses with loans of $5 million or more will likely see a sharp rise in foreclosures this year, according to a RealtyTrac study for The Wall Street Journal.
Hardwood Council Has New Sustainability Brochure
Pittsburgh, PA, April 9, 2010--The Hardwood Council has a new brochure entitled, “How Selecting Materials Impacts our Lives – American Hardwoods and Life Cycle Assessment."
NFIB Challenges EPA's Greenhouse Gas Ruling
Washington, DC, April 9, 2010--The National Federation of Independent Business Small Business Legal Center has filed a motion to support the legal challenge against the EPA's greenhouse gas ruling.
Armstrong Taking Charge Related To Health Reform
Lancaster, PA, April 8, 2010--Armstrong World Industries said it expects to take a $22 million first-quarter charge stemming from the recently enacted federal health care reform.
Retail Sales Surged in March to Record Gain
New York, NY, April 8, 2010--Retail sales at stores open at least a year surged last month to post the biggest single monthly gain on record, according to sales tracker Thomson Reuters.
Zeftron Launching Sustainable Practices Awards
Dalton, GA, April 8, 2010--Zeftron nylon is launching the 2010 Zeftron nylon Sustainable Practices Awards on Earth Day, April 22.
Flexco Earns FloorScore Certification for Products
Tuscumbia, AL, April 8, 2010--Flexco said it has earned FloorScore indoor air quality certification from Scientific Certification Systems.
Bernanke More Upbeat About Economic Prospects
Washington, DC, April 8, 2010--Federal Reserve Chairman Ben Bernanke was more upbeat Wednesday in his assessment of the economy than he has been in nearly three years.
Americans Still Hesitant To Increase Borrowing
Washington, DC, April 8, 2010--U.S. consumer credit fell more than anticipated in February, as Americans appear to be reluctant to increase debt without further improvement in the labor market.