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.

Mortgage Applications Fell 4% Last Week

Mortgage Applications Fell 4% Last Week

Washington, DC, August 18, 2016—Mortgage applications decreased 4.0% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 12.

Lowe's Q2 Sales Rose 5.3%, Earnings Rose 3.7%

Lowe's Q2 Sales Rose 5.3%, Earnings Rose 3.7%

Mooresville, NC, Aug. 17, 2016—Lowe’s Companies has reported net earnings of $1.2 billion for the quarter ended July 29, a 3.7% increase over the same period a year ago. Diluted earnings per share increased 9.2% to $1.31 from $1.20 in the second quarter o

Housing Starts Rose 2.1% in July

Housing Starts Rose 2.1% in July

Washington, DC, August 16, 2016—Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,211,000, 2.1% above the revised June estimate of 1,186,000 and 5.6% above the July 2015 rate of 1,147,000, reports the Commerce Departmen