30-Year Mortgage Rate Lowest in a Year
Washington, DC, May 13, 2010--Freddie Mac said Thursday that mortgage interest rates fell for the fifth straight week with the 30-year fixed-rate mortgage rate falling to a year-low of 4.93%.
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.
Retail Spending Declines in April
New York, NY, May 13, 2010--Americans spent less in retail outlets in April than they did in March, figures released Thursday show.
Armstrong Raising Hardwood Prices July 1
Lancaster, PA, May 12, 2010--Armstrong said it will initiate a 6% price increase in the U.S. and Canada on solid hardwood flooring products effective with shipments on July 1.
House Prices Rise in Areas Hit by Foreclosures
Washington, DC, May 12, 2010--House prices rose in 91 U.S. cities in the first quarter, especially in states hit hard by foreclosures, according to the National Association of Realtors.
Voting Open for Mannington's Design Contest
Calhoun, GA, May 12, 2010--Beginning today, the public can vote in Mannington Commercial's Tx:Style Design Challenge 2010.
Builders Say Mature-Housing Market Still Weak
Washington, DC, May 12, 2010--Builder confidence in the mature-housing market remained weak, according to 2010 first-quarter data from the National Association of Home Builders’ 55+ Housing Market Index.
Cali Bamboo, Foundation, Begin Green Challenge
San Diego, CA, May 12, 2010--Cali Bamboo, a manufacturer of green building materials made entirely from bamboo, and the Surfrider Foundation have launched the National “2010 Green Home Challenge.”
Judge Removes Obstacle in Congoleum Case
Newark, NJ, May 12, 2010--Two lawyers for asbestos victims can keep the $2 million resilient flooring firm Congoleum Corp. paid them to help resolve tens of thousands of claims against the company.
AIA, Hanley Wood Agree on Media Partnership
Washington, D.C. – May 11, 2010- The American Institute of Architects reached agreement on a five-year integrated media partnership with Hanley Wood.
Mannington To Serve Abbey Members Individually
Salem, NJ, May 11, 2010--Mannington said in a press released that it has accepted Abbey Carpet and Floor’s decision that Mannington will no longer be an “approved” supplier to Abbey members.