Rush To Refinance Mortgages Continues
Washington, DC, Jan. 14, 2009--Applications filed to refinance existing mortgages rose to the highest level in more than five years, according to the Mortgage Bankers Association.
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.
AIA Lobbying Congress on Stimulus Package
Washington, DC, Jan. 14, 2009--The American Institute of Architects wants part of the stimulus package to be spent on sustainable design.
NAHB Wants Larger Home Buyer Credit
Washington, DC, Jan. 14, 2009--The National Association of Home Builders has urged lawmakers to use a portion of the TARP funds to stem the rising tide of foreclosures and increase the flow of credit.
Laticrete Names Regional Sales Manager
Bethany, CT, Jan. 14, 2009--Laticrete has promoted Don Peak to regional sales manager in Oregon.
Small Business Sentiment Continues to Decline
Washington, DC, Jan. 14, 2009--Small business sentiment posted its second lowest reading in 35 years in December.
Non-Slip Flooring Firm Opens South Carolina Plant
Jonesville, SC, Jan. 13, 2009--Allied Companies LLC has opened a new plant in Jonesville to get its non-slip flooring business off the ground.
Mohawk Names Floorscapes Dealer of Year
Orlando, FL, Jan. 12, 2009--Mohawk Industries has named Strait Flooring of Sequim, Wash. as the Mohawk National Floorscapes Dealer of the Year for 2008.
Topps Tiles Revenues Slide 13 Percent
London, England, Jan. 13, 2009--British tile retailer Topps Tiles posted a 13.3 percent gross revenue fall in the first 13 weeks of the financial year, the company said.
Shaw Hospitality Names Student Design Winners
Dalton, GA, Jan. 12, 2009--Shaw Hospitality Group selected four Fashion Institute of Technology students as the top award winners in the first “The Language of Design Competition.”
Trade Deficit Falls to Five Year Low
Washington, DC, Jan. 13, 2009--The trade deficit fell to the lowest level in five years in November as demand for oil dropped by a record amount. Imports from China also fell by the largest amount on record.