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Mortgage bankers see slow-going in 2011
Arlington, Va. -- Key housing metrics are in for a slow ride in 2011, and a quick upturn in 2012, according to the forecast from the Mortgage Bankers Association (MBA).
Delivering the MBA's forecast here at the Home Improvement Research Institute's (HIRI's) Spring Conference, Michael Fratantoni, the MBA's VP single-family research and policy development, said that along with pent-up demand for housing, "there's a lot of pent-up supply out there."
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Rockler introduces a recycled-rubber bench mat
Medina, Minn.-based Rockler Woodworking and Hardware introduced a Protective Bench Mat made from 100% recycled rubber tires. The three-millimeter thick mat measures 24 in. by 60 in.; protects the tops of work benches; and saves tools and projects from the scratches, dings and dents associated with general labor tasks in a shop.