Mortgage Rates Remain Near Record Lows
Washington, DC, April 5, 2012 -- The average U.S. rate on the 30-year fixed mortgage fell slightly to 3.98% from 3.99% last week, according to Freddie Mac.
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.
Amber Flooring Named Dealer for Coswick
Mississauga, Ontario, April 4, 2012 -- Hardwood flooring manufacturer Coswick Hardwood said that Amber Flooring has become the official Coswick dealer in Northern California.
ADP Report Shows Continued Job Expansion
Roseland, NJ, April 4, 2012 -- Private-sector employment increased by 209,000 jobs in March, led by the service-providing sector and small businesses, according to the ADP employment report.
Foreclosure Starts Continue To Fall in February
New York, NY, April 4, 2012 -- The number of homes just entering the foreclosure process fell in February from January and are down about 15% from a year ago, according to Lender Processing Services.
Tandus Hires Retired Marine as Exec. Consultant
Dalton, GA, April 4, 2012 -- Tandus Flooring has named retired Marine Master Sergeant William “Spanky” Gibson as executive consultant.
Services Sector Continues Long Expansion
Washington, DC, April 4, 2012 -- The Institute for Supply Management's services-sector gauge for March fell to 56.0% from 57.3% in February.
Mortgage Applications Jump on Refinancing
Washington, DC, April 4, 2012 -- Mortgage application volume last week rose 4.8% from the prior week as refinancing picked up, the Mortgage Bankers Association said.
More Than 800 Exhibitors Expected at Coverings
Orlando, FL, April 4, 2012 -- Tile and stone show Coverings is heading back to Orlando this April 17-20 and it will feature more than 800 exhibitors on the 300,000- square-foot expo floor.
Mohawk Group Holding Online Competition
Marietta, GA, April 3, 2012 -- The Mohawk Group, in partnership with Designer Pages, is launching In Your Space, a four-round online competition.
Analyst Downgrades Lumber Liquidators
New York, NY, April 3, 2012 -- Analyst Stifel-Nicolaus has downgraded shares of Lumber Liquidators to a "hold" based on the stock valuation.