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.
Washington, DC, Oct. 30, 2008--President Bush's first treasury secretary says Congress should scrap plans for a new economic stimulus package and instead require that no future home mortgage be awarded without a 20 percent down payment.
London, England, Oct. 30, 2008--UK mortgage approvals for house purchases rose in September for the first time in more than a year, but remained near record lows, new figures from the Bank of England show.
Washington, DC, Oct. 30, 2008--The treasury is considering a plan that would help around 3 million homeowners avoid foreclosure.
Acton Vale, Quebec, Canada, Oct. 29, 2008--Beaulieu Canada has promoted Wayne R.G. Tuck Sr. to executive vice president of sales.
Miami, FL, October 28, 2008—Sunset Magazine’s Idea House on Monterey Bay features exotic hardwood flooring from BR-111.
Dallas, TX, Oct. 29, 2008--Centex Corp. reported a fiscal second-quarter loss of $172 million, vs. a net loss of $644 million in the year-earlier period. The builder calls economic environment "unprecedented."
Washington, DC, Oct. 29, 2008--Mortgage application volume climbed last week from a nearly eight-year low, according to the Mortgage Bankers Association.
Vienna, Austria, Oct. 29, 2008--Oil prices spiked higher Wednesday as a rally in stock markets boosted views the market has now priced in the worst of a global economic slowdown and its impact on crude demand.
Washington, DC, Oct. 29, 2008--Durable goods orders to U.S. factories posted an unexpectedly strong showing in Septemberd.
Baltimore, MD, Oct. 29, 2008— Greyne Custom Wood Co. said Lear Roemhildt has joined the company as an independent sales representative.