Armstrong Reports Lower Sales, Income for Quarter
Lancaster, PA, Aug. 12, 2016 -- Armstrong Flooring reported lower second quarter revenues and income compared to a year ago.
Today's Flooring News
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Home Affordability Dips in Second Quarter
Washington, DC, Aug. 12, 2016 -- Solid home price appreciation more than offset a modest reduction in mortgage interest rates to push housing affordability lower in the second quarter of 2016.
Nemo Tile Names Director of National Accounts
New York, NY, Aug. 12, 2016 -- Nemo Tile has named Clarice Cawood as the company's first director of national accounts.
FCICA Adds to Webinar Series
West Bloomfield, MI, Aug. 12, 2016 -- FCICA, the Flooring Contractors Association, said that beginning in January it will hold a product-focused webinar on the first week of each month.
Producer Prices Fall in July
Washington, DC, Aug. 12, 2016 -- U.S. producer prices fell unexpectedly in July, according to the Labor Department.
Initial Unemployment Claims Edge Lower
Washington, DC, Aug. 11, 2016 -- Initial jobless claims ticked lower last week to a seasonally adjusted 266,000, the Labor Department said Thursday.
Mohawk Names Leaders of Countertop, Wood Businesses
Calhoun, GA. Aug. 11, 2016 –- Mohawk Industries has made leadership announcements in two business areas.
Mortgage Rates Tick Up After Jobs Report
Washington, DC, Aug. 11, 2016 -- Interest rates on U.S. 30-year mortgages edged up after last week's strong July jobs report, mortgage finance agency Freddie Mac said on Thursday.
Home Prices Continue To Rise, Affordability Slips
Washington, DC, Aug. 11, 2016 -- Home prices maintained their upward trajectory in a vast majority of metro areas during the second quarter, according to the National Association of Realtors.
Lower Rates Spur Surge in Mortgage Applications
Washington, DC, Aug. 10, 2016 -- Mortgage application volume increased 7.1 percent last week as lower interest rates drove a sharp reversal from the previous week, according to the Mortgage Bankers Association.