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.

Loan Sizes Outpace Home Prices Says MBA

Loan Sizes Outpace Home Prices Says MBA

New York, NY, March 23, 2015— The increase in average loan sizes for purchase mortgage applications has outpaced the recovery in house prices, according to the Mortgage Banker’s Association.

Leading Indicators Increased in February

Leading Indicators Increased in February

New York, NY, March 20, 2015—The Conference Board Leading Economic Index for the U.S. increased 0.2% in February to 121.4, following a 0.2% increase in January, and a 0.4% increase in December.

NAFCD Report Indicates Q1 Growth for Members

NAFCD Report Indicates Q1 Growth for Members

Chicago, IL, March 19, 2015—The North American Association of Floor Covering Distributors has released its Q1 2015 quarterly sales trends report, which shows that initial 2015 sales growth forecasts with NAFCD distributors indicate 6% growth.

Fed Indicates Interest Rate Increase Is Coming

Fed Indicates Interest Rate Increase Is Coming

Washington, DC, March 19, 2015—The Federal Reserve opened the door to an interest-rate increase as soon as June, while also indicating it will go slow once it gets started, reports Bloomberg.