Foreclosures Rise in October
Irvine, CA, Nov. 10, 2011 -- The number of foreclosures rose in October, according to tracking firm RealtyTrac, although they were still below year-ago levels.
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.
Wood Distributor To Become Manufacturer
Mocksville, NC, Nov. 10, 2011 -- National Flooring Distributors said it will open a 31,000-square foot manufacturing and distribution hub in Mocksville as it expands into manufacturing.
Mortgage Applications Rise on Refinancing
Washington, DC, Nov. 10, 2011 -- Mortgage application volume jumped last week as low interest rates spurred refinancing demand, according to the Mortgage Bankers Association.
CRI Holds Annual Meeting
Dalton, GA, Nov. 9, 2011 -- The Carpet and Rug Institute (CRI) held its annual meeting today at the Northwest Georgia Trade and Convention Center.
Mortgage Rates Near Historic Lows
Washington, DC, Nov. 10, 2011 -- The average rate on the 30-year fixed mortgage fell below 4% for just the second time ever.
Job Openings Rise in September
Washington, DC, Nov. 9, 2011 -- The Labor Department said there were 3.4 million job openings posted at the end of September, up from 3.1 million in August.
ITC Affirms Punitive Duties on Chinese Wood
Washington, DC, Nov. 9, 2011 -- The International Trade Commission has voted 4-2 to affirm the petition on punitive anti-dumping duties on engineered wood flooring from China.
Eastern Europe Helps Pfleiderer Grow Sales
Neumarkt, Germany, Nov. 9, 2011 -- The Pfleiderer Group, which is going through a major restructuring and has its North American operations up for sale, issued a half year report.
Starnet Names Boender Director of Two Programs
Darien, CT, Nov. 9, 2011 -- Starnet Worldwide has named Eric Boender director of Starnet Floor Care & Special Services, effective Dec. 1.
WFCA Wins Award for Editorial Placement
Anaheim, CA, Nov. 9, 2011 -- The World Floor Covering Association has received the Golden Thinker Award from North American Precis Syndicate, Inc.