Today's Flooring News

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Commercial Mortgage Lending Falls in Q1

Commercial Mortgage Lending Falls in Q1

Washington, DC, May 14, 2009--Commercial and multifamily mortgage loan originations continued to drop in the first quarter of 2009, according to the Mortgage Bankers Association’s quarterly survey.

Oil Consumption Projected To Fall Sharply in '09

Paris, France, May 14, 2009--Oil consumption is projected to fall this year at the fastest pace since 1981 due to the world economies, the International Energy Agency said Thursday as it made new cuts to its forecast for crude demand.