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.

Mortgage Application Volume Falls

Mortgage Application Volume Falls

Washington, DC, Feb. 11, 2009--Even as interest rates charged on fixed-rate mortgages dropped last week, the volume of mortgage applications filed fell 24.5% compared with the week before, the Mortgage Bankers Association said Wednesday.

Greenguard Certification Recognized by USGBC

Greenguard Certification Recognized by USGBC

Atlanta, GA, Feb. 9, 2009--The Greenguard Environmental Institute said that the U.S. Green Building Council has approved flooring certified to the Greenguard Children & Schools standard.

Mannington Resilient Tile Gets NSF Certification

Mannington Resilient Tile Gets NSF Certification

Salem, NJ, Feb. 10, 2009--Mannington Commercial’s premium resilient tile flooring lines have been certified to the Sustainability Assessment for Resilient Floor Coverings, NSF 332-2007 Draft Gold Standard.

Stimulus Package Has Construction Winners, Losers

Washington, DC, Feb. 10, 2009--Homebuilders like Centex Corp., the second-largest U.S. builder by sales, would be among the biggest winners under the $838 billion stimulus measure the U.S. Senate is poised to pass today.

James Halstead Buys Large Plant

Oldham, England, Feb. 10, 2009--A massive 286,000 square foot site in Oldham has been purchased by flooring giant James Halstead in a $7.8 million deal.

Commercial Real Estate Lending Needs Boost

Washington, DC, Feb. 10, 2009--A severe lack of credit threatens commercial real estate and poses significant risks for the whole economy, according to a National Association of Realtors work group.

Designer Tile Taking Share from Marble in India

New Delhi, India, Feb. 10, 2009--As marble prices begin to pinch purses, designer tiles are making deeper inroads into urban Indian homes. And they are getting more designer makeovers to suit market demands.