Wood Markets News

Mortgage Credit Availability Increased in March

According to the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI) that analyzes date from the Ellie Mae’s AllRegs® Market Clarity® business information tool, mortgage credit availability increased in March.

Maine’s Hancock Lumber Announces Purchase of Lapointe Lumber

Maine’s Hancock Lumber, a seventh-generation integrated forest products company, which currently operates nine existing lumber yards, eight kitchen design showrooms, three sawmills, truss and wall panel manufacturing facilities, and timberlands, has announced that it has agreed to purchase Lapointe Lumber, a fourth-generation building materials supplier, with facilities in the Augusta and Gardiner markets.