Commercial Mortgages Failing at 20-Year High
New York, NY, July 20, 2009--Commercial mortgages at U.S. banks are failing at the fastest rate in nearly 20 years, the Wall Street Journal said, reporting on its own analysis.
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.
BPS Merges Teams Under Cathy Frial
City of Industry, CA, July 20, 2009--Bentley Prince Street is merging its Marketing and Organization Development teams under the direction of Cathy Frial.
Oil Prices Back on The Rise
New York, NY, July 20, 2009--Oil prices were headed back toward $65 a barrel Monday as strong second quarter company results helped boost investor optimism.
USGBC Headquarters Certified LEED Platinum
Washington, DC, July 20, 2009--The U.S. Green Building Council practices what it preaches.
Gutman Named Clarion VP of Purchasing, Logistics
Shippenville, PA, July 20, 2009--Clarion Laminates has named Len Gutman vice president of purchasing and logistics for Clarion Industries.
Chinese Parquet Firm To Use Valinge Locking System
Viken, Sweden, July 20, 2009--Välinge said it has signed a global non-exclusive license agreement with the Chinese company Zhejiang Yuhua Timber Co., Ltd. for use of Välinge mechanical locking system technology.
Home Builder Confidence Highest Since September
Washington, DC, July 17, 2009--Home builder confidence in the market for single-family homes notched up two points in July to its highest level since September.
Housing Starts, Permits, Up More Than Expected
Washington, DC, July 17, 2009--New housing starts and permits increased in June, fueled by a rise in ground-breakings for single-family homes.
Mortgage Rates Fall Third Consecutive Week
Washington, DC, July 17, 2009--Rates on fixed-rate mortgages dropped for the third week in a row, according to Freddie Mac's weekly survey of conforming mortgages, released on Thursday.
Home Improvement Spending Likely To Slow
Cambridge, MA, July 17, 2009--Homeowners will continue to decrease spending on home improvements for several more quarters, according to the latest research form Harvard University's Joint Center for Housing Studies.