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.
New York, NY, Dec. 10, 2014 -- Credit reporting agency TransUnion is predicting that the national mortgage delinquency rate will be 2.51% in 2015, which would be the lowest level since the third quarter of 2007.
Oberlin, OH, Dec. 10, 2014 -- The Marble Institute of America membership elected both Joshua Levinson and Bernard Van Etten III to serve five-year terms (2015-19) on the board of directors.
Washington, DC, Dec. 10, 2014 -- Mortgage application volume rebounded last week, jumping 7.3% from the previous week, according to the Mortgage Bankers Association.
Washington, DC, Dec. 9, 2014 -- Fannie Mae and Freddie Mac said Monday that they will start backing fixed-rate mortgages with minimum down payments of 3% of the home's price.
Calhoun, GA, Dec. 9, 2014 -— Surya said it has entered into an exclusive partnership with Shaw Floors to market and sell Surya area rugs through the Shaw Flooring Network aligned dealer program.
Dalton, GA, Dec. 9, 2014 -— Representatives from the U.S. Office of Textiles and Apparel visited Dalton Nov. 5 to tour manufacturing facilities, according to the Carpet and Rug Institute.
Dalton, GA, Dec. 9, 2014 -- OW Hospitality has named Dallas Chapman vice president of sales for the Americas.
Dallas, TX, Dec. 8, 2014 -– The Board of Appeals of the European Patent Office confirmed the validity of a Pergo patent that protects a one-piece fold-down locking of wood fiber flooring planks, Pergo said.
Washington, DC, Dec. 9, 2014 -- U.S. wholesale inventories rose more than expected in October, according to the Commerce Department.
New York, NY, Dec. 9, 2014 -- Oil prices again fell to five-year lows Monday.