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.

Survey: Residential Mortgage Delinquencies Increas

Washington, DC, March 17, 2006--The delinquency rate for mortgage loans on one-to-four-unit residential properties was 4.70 percent at the end of the fourth quarter, up from 4.38 percent in the fourth quarter of 2004 and 4.44 percent in the third quarter

Zwicker Named J.J. Haines President & CEO

J. J. Haines & Company, Inc., the second largest full line distributor of floor covering in the U.S., announced that Bruce A. Zwicker has been promoted to the position of President and CEO.

Housing Starts Off 7.9% in February

Washington, DC, March 16, 2006--According to a report from the Commerce Department, housing starts fell 7.9% in February to a seasonally adjusted annual rate of 2.042 million housing starts.

Builder Confidence Slides One Point in March

Washington, DC, March 16, 2006--A one-point decline in the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for March indicates that housing demand and sales are gradually returning to a sustainable pace.

Mohawk Inks Licensing Deal with the National Trust

Atlanta, GA, March 16, 2006--The Mohawk Group said it is partnering with The National Trust for Historic Preservation, America’s leading nonprofit dedicated to saving the nation’s diverse historic places.