Mortgage Applications Up Despite Higher Rates
Washington, DC, Dec. 9, 2009--Mortgage applications rose 8.5% last week, compared with the week before.
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.
Commercial Delinquency Rates Keep Rising
Washington, DC, Dec. 8, 2009--Delinquency rates continued to increase in the third quarter for most commercial/multifamily mortgage investor groups.
Consumer Borrowing Continues To Fall
Washington, DC, Dec. 8, 2009--Consumers borrowed less for a record ninth straight month in October, according to the Federal Reserve.
Small Business Confidence at Four-Month Low
Washington, DC, Dec. 8, 2009--Confidence among small businesses declined in November to the lowest level in four months.
Gerflor Signs New Southeast Distributor
Chicago, IL, Dec. 8, 2009--Gerflor said it has a new distributor relationship with Southern Flooring Inc. of Greenville, S.C.
UK Vinyl Recycling Program Gets Participants
London, England, Dec. 8, 2009--New distributors are signing up to Recofloor, the UK and Ireland’s first vinyl flooring recycling take-back program.
Virginia Firm Begins Cork Stopper Recycling
Charlottesville, VA, Dec. 8, 2009--Carpet Plus has launched Re-Cork C’Ville – the only official cork recycling program in the Charlottesville area.
Netherlands Firm Embeds LED in Carpet
Amsterdam, The Netherlands, Dec. 8, 2009--Lama Concepts has integrated light emitting diodes into carpeting.
Lowe's Expanding in Western Canada
Mooresville, NC, Dec. 8, 2009--Two years after opening its first Canadian stores, Lowe's is planning to expand into Western Canada.
Pittsburgh Flooring Store Closing After 60 Years
Pittsburgh, PA, Dec. 8, 2009--For more than 60 years, the Market Rug Co. has been a fixture in downtown Pittsburgh.