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.

Claims for Unemployment Benefits Rise

Washington, DC, Sept. 8, 2011 -- Initial claims for unemployment benefits unexpectedly rose to 414,000 in the week ending September 3 from an upwardly revised 412,000 the prior week, the Labor Department said on Thursday.

Mortgage Rates at 60-Year Low

Washington, DC, Sept. 8, 2011 -- The average interest rate for the 30-year fixed mortgage fell to 4.12%, down from 4.22%, Freddie Mac said Thursday.

Most Borrowers Don't Get Lowest Mortgage Rates

New York, NY, Sept. 8, 2011 -- Many home buyers are discovering that they don't qualify for historically low interest rates and, instead, have to go with a higher rate, according to a story in Smart Money.

Beige Book Report Paints Sluggish Economy

Beige Book Report Paints Sluggish Economy

Washington, DC, Sept. 8, 2011 -- Companies are growing more cautious in light of recent volatility in the stock market and declining consumer confidence, according a Federal Reserve survey.

Forbo Raising Prices on Linoleum

Forbo Raising Prices on Linoleum

Hazleton, PA, Sept. 7, 2011 -– Forbo Flooring Systems said it will increase prices 3% on its linoleum, vinyl and flocked flooring products effective Oct. 1 due to the rising cost of raw materials.