Mortgage Applications Fall as Rates Rise
Washington, DC, Oct. 14, 2009--Mortgage applications fell 1.8% last week, compared with the week before, as mortgage rates rose, the Mortgage Bankers Association reported Wednesday.
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.
Architectural Billings Topped $44 Billion in 2008
Washington, DC, Oct. 13, 2009--In the three-year period leading up to the current recession, gross billings at U.S. architecture firms increased nearly $16 billion from 2005 and totaled $44.3 billion in 2008.
InterfaceFlor Products Get NSF Certification
Ann Arbor, MI, Oct. 13, 2009--NSF International said that InterfaceFlor has received certification to NSF/ANSI 140: Sustainable Carpet for both its GlasBac and GlasBac RE products.
Mannington Offering Contest for Designers
Calhoun, GA, Oct. 13, 2009--Mannington Commercial is offering three all-expenses-paid trips to Greenbuild 2009 to designers.
Wilsonart Restructuring Amid Construction Slump
Temple, TX, Oct. 13, 2009--Wilsonart International announced Monday a company restructuring, with staff cuts up to about 10 percent nationwide.
Unilin Seeks Waiver of Jobs Clause in Thomasville
Thomasville, NC, Oct. 13, 2009--Despite investing nearly $80 million at its Chair City headquarters, Unilin Flooring has requested that Thomasville officials waive its minimum job creation clause.
MBA Confident Home Tax Credit Will Be Continued
Washington, DC, Oct. 13, 2009--The Mortgage Bankers Association is growing increasingly confident that Congress will continue or expand the $8,000 tax for first time home buyers that is set to expire Nov. 30.
Momeni Returning to High Point Market
Carlstadt, NJ, Oct. 13, 2009--Area rug maker Momeni is returning to High Point Market with a new showroom space after missing last year.
Retail Analysts Believe Worst Is Over for Spending
New York, NY, Oct. 12, 2009--Retail sales have shown their first year-over-year growth in more than a year, indicating the worst might be over for consumer spending, according to two analyst organizations.
Propex Forms Technology Division, Names Bruno EVP
Chattanooga, TN, Oct. 12, 2009--Carpet backing maker Propex Operating Co. has created a performance technology division.