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.

Average U.S. Mortgage Rate Hits Highest Level Since November

Average U.S. Mortgage Rate Hits Highest Level Since November

New York, NY, July 7, 2023-"The average long-term U.S. mortgage rate climbed to a new high for the year this week, pushing up borrowing costs for homebuyers already facing heightened competition in a housing market short on homes,” reports the Associated Press.

Private Sector Employment Grew by 497,000 Jobs in June

Private Sector Employment Grew by 497,000 Jobs in June

Roseland, NJ, July 6, 2023—Private sector employment increased by 497,000 jobs in June, and annual pay was up 6.4% year-over-year, according to the June ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.