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.

30 Year Mortgage Back Over 4%

30 Year Mortgage Back Over 4%

Washington, DC, March 22, 2012 -- The average rate for a 30-year fixed mortgage rose above 4% for the first time in more than three months, according to Freddie Mac.

House Prices Flat in January

House Prices Flat in January

Washington, DC, March 22, 2012 -- U.S. house prices on a seasonally adjusted basis were flat in January compared to December, the Federal Housing Finance Agency reported Thursday.

Omnova Solutions' First Quarter Income Surges

Omnova Solutions' First Quarter Income Surges

Fairlawn, OH, March 20, 2012 -- Chemicals firm Omnova Solutions reported net income for the first quarter was $12.7 million, or $0.28 per share, compared to $1.0 million, or $0.02 per share for the first quarter of 2011.

Mortgage Applications Slow as Rates Rise

Mortgage Applications Slow as Rates Rise

Washington, DC, March 21, 2012 -- Mortgage application volume declined last week, led by a steep drop in refinancing demand as rates increased, according to the Mortgage Bankers Association.

Tandus Plants Win Georgia Safety Awards

Tandus Plants Win Georgia Safety Awards

Dalton, GA, March 21, 2012 -- Tandus Flooring won a first place Georgia Association of Manufacturers Safety and Performance Award for the company’s tufting facility.