Mortgage Rates Rise Fifth Straight Week
Washington, DC, June 6, 2013 -- The 30-year fixed-rate mortgage rose for the fifth consecutive week, averaging 3.91% in the week ending June 6, up from 3.81% the prior week, Freddie Mac said Thursday.
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Home Prices Rise Most in Over Seven Years
New York, NY, June 5, 2013 -- Home prices recorded their largest year-over-year gain in more than seven years in April, according to real estate information firm CoreLogic.
Mohawk, Unilin Raising Wood Flooring Prices
Dallas, TX, June 5, 2013 – Both Mohawk Industries and its Unilin division said they will raise prices up to 7% solid and engineered hardwood flooring, effective Aug. 5.
Kaleen Rugs Names Dennard Senior VP Sales
Dalton, GA, June 5, 2013 -- Kaleen Rugs has named former employee Blake Dennard senior vice president.
Private Employers Add 135,000 Jobs in May
Roseland, NJ, June 5, 2013 -- Private employers added 135,000 jobs in May, private payroll processor ADP said Wednesday.
Home Refinancing Plunges on Higher Rates
Washington, DC, June 5, 2013 -- Mortgage application volume fell 11.5% last week as mortgage rates rose, according to the Mortgage Bankers Association.
Services Sector Improves More Than Expected
Tempe, AZ, June 5, 2013 -- The ISM Services Index rose more than expected to 53.7 in May from 53.1 in April.
Factory Orders Rise in April
Washington, DC, June 5, 2013 -- Orders for factory-made goods rose 1.0% in April, largely because of increased demand for autos and airplanes, the Commerce Department reported Wednesday.
New Homes Getting Larger Again
Washington, DC, June 4, 2013 -- The average size of new homes has grown significantly in the last three years, according to a Census Bureau report released Monday.
Premiere Finishing Signs Distributor Lifton
Reidsville, NC, June 4, 2013 -- Premiere Finishing & Coating has entered into a distribution agreement with the Norman D. Lifton Company of Mt. Vernon, N.Y. to distribute its ecoGrain product.