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.

Initial Jobless Claims Highest in Seven Years

Washington, DC, Nov. 13, 2008--Initial jobless claims hit their highest level since September 2001, rising to 516,000 in the latest week, a further sign of how the U.S. labor market's struggling, the Labor Department reported Thursday.

Mortgage Applications Up on Refinancing

Mortgage Applications Up on Refinancing

Washington, DC, Nov. 13, 2008--Mortgage applications rose a seasonally adjusted 11.9% compared with the prior week, the Mortgage Bankers Association said Thursday.

First Time Home Buyer Credit a Bust, So Far

First Time Home Buyer Credit a Bust, So Far

Orlando, FL, Nov. 11, 2008--The housing industry generally praised the temporary first-time home buyer tax credits written into the Housing and Economic Recovery Act of 2008 this summer. But apparently buyers weren't as impressed.

Home Values Decline Seven Consecutive Quarters

New York, NY, Nov. 12, 2008--U.S. home values posted their seventh consecutive quarterly decline, with nearly one-third of Americans who sold in the past year losing money, real estate website Zillow.com said on Wednesday.