Mortgage Application Volume Rises
Washington, DC, July 23, 2014 -- Mortgage application volume rose 2.4% from one week earlier, according to data from the Mortgage Bankers Association.
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.
Carpet Chemical Makers Announce Price Increases
New York, NY, July 23, 2014 -- Two companies have announced price increases for raw materials related to carpet.
Existing Home Sales Back Over 5 Million Rate
Washington, DC, July 22, 2014 -- Sales of existing homes rose 2.6% in June to a seasonally adjusted annual rate of 5.04 million, according to the National Association of Realtors.
House Prices Rise in May, FHFA Says
Washington, DC, July 22, 2014 -- House prices rose 0.4% in May, the Federal Housing Finance Agency said. They are also up 5.5% from a year ago.
Mohawk Releases Fifth Sustainability Report
Calhoun, GA, July 22, 2014 -- Mohawk Industries has released its fifth annual sustainability report.
Tests Show Ecore Floor Finish Quiet as Carpet
Lancaster, PA, July 22, 2014 -- Ecore International said that a series of recent acoustic tests confirmed that its commercial Forest rx resilient floor finish is as quiet as carpet.
Omnova Solutions Announces Price Increases
Fairlawn, OH, July 22, 2014 -- Omnova Solutions’ Specialty Ingredients business said it will increase prices up to $0.04 per wet pound on vinyl acetate and vinyl acrylic-based emulsion polymers effective Aug. 1.
UK's Floors-2-Go Enters Administration Again
Birmingham, England, July 22, 2014 -- UK flooring retailer Floors-2-Go has entered administration for the third time in six years.
Mohawk Investing $10M in Carpet Plant Upgrades
Columbia, SC, July 21, 2014 -- Mohawk Industries said it is investing $10 million in its Spartanburg County commercial carpeting facility over the next 10 years to upgrade its looms and improve technology to support growth.
NABE Survey Shows Optimism About Sales, Hiring
Washington, DC, July 21, 2014 -- Companies are optimistic that sales increases will help boost hiring this fall, continuing a second-quarter trend, according to a survey by the National Association for Business Economics.