Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.58%. “Mortgage rates fell to their lowest level since October,” said Sam Khater, Freddie Mac’s Chief Economist. “Purchase application activity is improving as borrowers take advantage of the decline in mortgage rates.” News Facts The PMMS® is focused on conventional, […]
QXO Reports Second Quarter 2025 Results
QXO, Inc. (“QXO” or the “Company”) announced its financial results for the second quarter 2025. The Company reported a basic and diluted loss per common share of $(0.15) and an Adjusted Diluted Earnings per Common Share (“Adjusted Diluted EPS”), a non-GAAP financial measure, of $0.11 for the three months ended June 30, 2025. Brad Jacobs, […]
LP Building Solutions Awards 100 Scholarships for the 2025–2026 Academic Year
Fifth consecutive year of program growth marks the largest investment to date LP Building Solutions (LP), a leading manufacturer of high-performance building products, announced that it has awarded 100 scholarships to the children of LP team members for the 2025–2026 academic year—marking the program’s fifth consecutive year of growth and its most significant investment to date. The […]
Floor & Decor Announces Grand Opening of First Myrtle Beach Area Store in Murrells Inlet, South Carolina
Leading high-growth retailer specializing in hard-surface flooring offers homeowners and professionals the industry’s broadest in-stock selection of tile, natural wood, natural stone and more, celebrates its new warehouse location in South Carolina Floor & Decor, the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, has announced the grand opening of its newest […]
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 10.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 8, 2025. The Market Composite Index, a measure of mortgage loan application volume, increased 10.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index […]
Trex Broadens Western U.S. Reach Through Expansion With IWP
Strategic move reinforces Trex’s leadership position and supports ongoing growth in the Mountain Region Trex Company, Inc., the world’s largest manufacturer of wood-alternative decking and residential railing products, is expanding its partnership with International Wood Products, LLC (IWP), strengthening its presence in the Western U.S. through increased channel support and enhanced product accessibility. As part of this initiative, IWP will […]
Allegion Acquires Brisant, Leading UK Provider of Residential Security Hardware
Allegion plc, a leading global security products and solutions provider, through one of its subsidiaries, has acquired Brisant Secure Limited (Brisant), a leading security hardware provider in the UK. Founded in 2011 and based in Dewsbury, UK, Brisant sells a range of innovative residential security solutions, including mechanical and electronic locks as well as door accessories. Its […]
Genesis Products Names Joel Eberlein to VP RV Product
Genesis Products Inc., a leading manufacturer of RV interior components, announced the appointment of Joel Eberlein as Vice President, RV Product. With more than two decades of experience in manufacturing, product development, and strategic leadership, Eberlein brings a forward-thinking approach that will help Genesis stay ahead of industry trends and continue delivering innovative solutions to […]
Snavely Forest Products Announces Strategic Partnership with Weyerhaeuser to Expand Engineered Wood Offerings
Snavely Forest Products is proud to announce a strategic partnership with Weyerhaeuser, manufacturer of Trus Joist engineered wood products. This collaboration will enhance Snavely’s ability to serve professional builders and dealers with best-in-class structural framing solutions across key markets. “We’re excited to begin a new alliance with Weyerhaeuser to distribute the Trus Joist product line […]
Carlisle Companies Publishes 2024 Corporate Sustainability Report
Carlisle Companies Incorporated published its 2024 Corporate Sustainability Report, highlighting progress toward Carlisle’s sustainability goals through its legacy of innovation in sustainability and culture of continuous improvement fostered through the Carlisle Operating System. “In 2024, we entered the next phase of our sustainability roadmap: generating shareholder value through sustainability,” said Chris Koch, Chair, President and […]