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.

Janney Upgraded LL Stock, Disputing ASTM Test

Janney Upgraded LL Stock, Disputing ASTM Test

Philadelphia, PA, March 4, 2015—As fallout of the 60 Minutes report that found some of Lumber Liquidators’ Chinese-made laminate flooring to have excessive levels of formaldehyde, the company’s stock fell 25%, reports Bloomberg Business.

Home Mortgage Applications Increase

Home Mortgage Applications Increase

Washington, DC, March 4, 2015—Applications for U.S. home mortgages edged up last week as interest rates dipped according to Mortgage Bankers Association (MBA) figures, Reuters reports.

Commercial and Multifamily Mortgage Figures Improve

Commercial and Multifamily Mortgage Figures Improve

Washington, DC, March 4, 2014—The performance of commercial and multifamily mortgages continued to improve during the fourth quarter, according to data from the Mortgage Bankers Association (MBA), reports Mortgage Servicing News.

January Construction Spending Trends Slightly Downward

January Construction Spending Trends Slightly Downward

Washington, DC, March 3, 2015—Construction spending during January was estimated at a seasonally adjusted rate of $971.4 billion, 1.1% below the revised December estimate of $982.0 billion, reported the U.S. Census Bureau of the Department of Commerce.

Home Prices Up in January

Home Prices Up in January

Washington, DC, March 3, 2015—U.S. home prices rose 1.1% in January, reports MarketWatch. This amounts to a year-over-year gain of 5.7% says CoreLogic, which conducted the report.

DuPont Receives Bio Business Award for Sorona

DuPont Receives Bio Business Award for Sorona

Amsterdam, NL, March 3, 2015—DuPont received the 2015 Bio Business Award for Breakthrough Bio-Based Technology Platform for its Sorona biopolymer at the World Bio Markets Conference awards ceremony in Amsterdam.