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.

Halstead Says Falling Materials Prices Helping

Manchester, England, Jan. 29, 2009--Commercial flooring manufacturer James Halstead yesterday reiterated that its full-year sales and profit would be in line with its expectations and ahead of last year's figures.

Fed Will Rework Mortgages To Halt Foreclosures

Fed Will Rework Mortgages To Halt Foreclosures

Washington, DC, Jan. 28, 2009--The Federal Reserve will seek to renegotiate mortgages it owns that might otherwise enter foreclosure, Chairman Ben S. Bernanke told congressional leaders in a letter Tuesday.

Mortgage Applications Fall on Less Refinancing

Washington, DC, Jan. 28, 2009--Applications filed for mortgages last week fell a seasonally adjusted 38.8% compared with the prior week, the Mortgage Bankers Association reported Wednesday in its weekly survey.