Lumber Liquidators is the country's biggest player in the hardwood flooring industry, controlling roughly 12% of the market. As East Coast residents start to rebuild their battered communities, Lumber Liquidators should see a spike in sales.
Investors have anticipated as much. On Wednesday, Wall Street bid up Lumber's stock by 5% and Goldman Sachs recommended the company as a Sandy recovery play.
With mass transit snarls and power outages in lower Manhattan, some finance workers went to great lengths to get the trades flowing again on Wednesday.
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 4.01% | 4.04% | |
| 15 yr fixed | 3.11% | 3.18% | |
| 5/1 ARM | 2.82% | 2.88% | |
| 30 yr refi | 4.00% | 4.03% | |
| 15 yr refi | 3.11% | 3.16% |
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