Mortgage Rates Hit Multi-Decade Lows
Washington, DC, Aug. 12, 2010--Mortgage rates fell to the lowest level in decades this week, according to mortgage buyer Freddie Mac.
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.
Initial Jobless Claims Edge Higher
Washington, DC, Aug. 12, 2010--Initial jobless claims rose 2,000 to 484,000 in the week ended Aug. 7, reaching the highest level since February, the Labor Department said.
EcoTimber's Woven Poplar Wins Green Award
Denver, CO, Aug. 12, 2010--Sustainable Industries has named EcoTimber Woven Recycled Poplar as one of its 2010 Top 10 Green Building Products award winners.
Americans Growing More Sour on Economy
New York, NY, Aug. 12, 2010--Americans are growing more pessimistic about the economy, according to a new Wall Street Journal/NBC News poll.
NWFA Begins Approved Product Program
St. Louis, MO, Aug. 11, 2010--The National Wood Flooring Association has started a voluntary Accepted Product Program for its members to help market their products.
Despite Record Rates, Mortgage Applications Flat
Washington, DC, Aug. 11, 2010--Mortgage application volume rose by less than 1% in the first week of August, even as 30-year loan rates fell to 4.57%, the lowest in 20 years of record keeping by the Mortgage Bankers Association.
House Prices Show Signs of Stabilizing
Washington, DC, Aug. 11, 2010--The trend in firming home prices solidified in the second quarter, according to the latest survey by the National Association of Realtors.
Wilsonart To Shut Down Flooring Business This Fall
Temple, TX, Aug. 10, 2010--Wilsonart International said it will discontinue its Wilsonart Flooring product line in October and close both the flooring and cast sinks manufacturing operations in Temple, Texas.
GreenWizard, MBDC Form Database Partnership
Charleston, SC, Aug. 11, 2010--GreenWizard and MBDC have formed a partnership to help the green building industry identify Cradle to Cradle Certified products for use in construction projects.
Senate Resolution Supports U.S. Hardwood Use
Washington, DC, Aug. 11, 2010--The U.S. Senate has passed a resolution supporting hardwood as an environmentally preferable building material.