Mortgage Application Volume Falls Last Week
Washington, DC, Aug. 8, 2012 -- Mortgage application volume fell last week 1.8% as interest rates for 30-year fixed-rate mortgages moved up, according to the Mortgage Bankers Association.
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Gibson Guitar Fined Over Lacey Act Violation
Washington, DC, Aug. 7, 2012 -- Gibson Guitar Corp. of Nashville, Tennessee will pay a fine of $300,000 for violation of the U.S. Lacey Act.
Mortgage Closing Costs Fall Since Last Year
Washington, DC, Aug. 7, 2012 -- The average cost of closing on a mortgage has fallen by 7.4% over the past year thanks to new government regulations, according to a recent survey by Bankrate.com.
Durkan Names Page Director Color and Design
Marietta, GA, Aug. 7, 2012 -- Durkan, the hospitality brand of the Mohawk Group, said that Mark Page has been named senior director of color and design.
Sphinx, OW Hospitality Take Larger Showroom
Dalton, GA, Aug. 7, 2012 -- Sphinx by Oriental Weavers and OW Hospitality said they will move to a new and expanded showroom at the Las Vegas World Market on Jan. 28–Feb. 1.
Norwest Takes Majority Stake in Stanton Carpet
Syosset, NY, Aug. 6, 2012 -- Stanton Carpet Corporation, a supplier of decorative, branded carpet and custom rugs, said that Minneapolis-based Norwest Equity Partners has taken a majority position in the company.
Berkshire Hathaway Reports Lower Net Income
Omaha, NE, Aug. 6, 2012 -- Profits at Berkshire Hathaway Inc. in the second quarter fell 9%, the company said.
NAHB Lists 80 Housing Markets as Improving
Washington, DC, Aug. 6, 2012 -- A total of 80 metropolitan statistical areas across 32 states and the District of Columbia were listed as improving housing markets for August.
Milliken Opens Beijing Design Studio
Beijing, China, Aug. 6, 2012 –- Milliken said it has opened a design studio and showroom in Beijing, which will serve as a resource for designers, end users and sales associates in the area.
NAHB To Recognize Senior Housing Innovation
Washington, DC, Aug. 6, 2012 -- The National Association of Home Builders 50+ Housing Council is accepting applications for the 2013 Best of 50+ Housing Awards.