Mortgage Refinancing Activity Rises Again
Washington, DC, April 22, 2009--Mortgage applications rose 5.3% last week, compared with the week before, as refinancing activity increased, according to the Mortgage Bankers Association.
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.
Government Actions To Keep Mortgage Rates Low
Washington, DC, April 22, 2009--Conforming mortgage rates are likely to stay low for the remainder of the year, according to the Mortgage Bankers Association's chief economist.
Antique Rugs To Be Featured at Claremont Event
Oakland, CA, April 22, 2009--Claremont Rug Company has purchased 150 antique Oriental rugs from the estates of two established American families.
Shaw's EcoMade Rugs Get MBDC Certification
Dalton, GA, April 21, 2009--Shaw Living has earned “Cradle to Cradle” silver certification from McDonough Braungart Design Chemistry (MBDC) for some of its bath and scatter rugs.
DuPont Earnings Fall, Yet Beat Analysts' Estimates
Wilmington, DE, April 21, 2009--E.I. du Pont de Nemours & Co. reported net income of $489 million, or 54 cents a share in the first quarter, down from $1.12 billion, or $1.31 a share, earned in the same period during 2008.
Fed Official Sees Recovery Later This Year
Newark, DE, april 21, 2009--Federal Reserve Vice Chairman Donald L. Kohn said that the U.S. economy is poised to stage a gradual recovery later this year.
Georgia Tech Joins Mission Zero Effort
LaGrange, GA, April 21, 2009--Five months afterlaunching missionzero.org (MZ.org) at Greenbuild, InterfaceFlor is focused on mission Zero for Earth Day.
Firms To Make Post Consumer Carpet Adhesive Filler
Dalton, GA, April 21, 2009--Two Georgia companies are teaming up to manufacture carpet adhesive fillers with post-consumer content, according to Waste & Recycling News.
Chain Store Sales Fall
New York, NY, April 21, 2009—Chain store sales last week fell 0.4 percent from the previous week, according to a report from the International Council of Shopping Centers-USB.
Oil Prices Tumble Below $46
New York, NY, April 21, 2009--Oil prices languished near $46 a barrel Tuesday after renewed doubts about the health of U.S. banks sent crude and stock markets tumbling.