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.

NAHB Lobbies for Scrapping of New 1099 Rules

NAHB Lobbies for Scrapping of New 1099 Rules

Washington, DC, Feb. 10, 2011 -- The National Association of Home Builders has called on Congress today to repeal all new expanded 1099 reporting requirements imposed in the healtcare reform law.

Coverings Makes Las Vegas Debut March 14

Alexandria, VA, Feb. 10, 2011 -- Coverings will make its Las Vegas debut March 14 with more than 1,000 exhibitors from 50+ countries ready to show the latest in tile and stone.

Rug Care Association Schedules Tour

Dallas, TX. Feb. 10, 2011 –- A tour and hands-on evaluation of a state-of-the-art rug washing facility has been scheduled by the newly-formed Association of Rug Care Specialists.

Fannie, Freddie Mortgage Roles Could Shrink

Washington, DC, Feb. 9, 2011 -- The Obama administration will recommend the gradual elimination of government-sponsored mortgage giants Fannie Mae and Freddie Mac, a White House official said Wednesday.

OW Cairo Manufacturing Back at Full Capacity

Cairo, Egypt, Feb. 9, 2011 -- Oriental Weavers' manufacturing facilities began operating at full capacity on Monday, chairman Mohamed Khamis said in a press release, Daily News Egypt reported.

Home Prices Decline in Fourth Quarter

Home Prices Decline in Fourth Quarter

Seattle, WA, Feb. 9, 2011 -- Home prices fell 2.6% nationwide during the last three months of 2010, according to a quarterly real estate market survey from Zillow.com.

Mortgage Applications Down on Higher Rates

Mortgage Applications Down on Higher Rates

Washington, DC, Feb. 9, 2011 -- Mortgage application volume fell last week as interest rates rose to their highest levels in 10 months, according to the Mortgage Bankers Association.