Mortgage applications

Union Bankshares has reached an agreement under which Federal Savings Bank will originate mortgages in its branches.

Mortgage applications decreased by 2.6%, falling for the seventh straight week as key interest rates jumped to seven-year highs, according to the Mortgage Bankers Association.

Mortgage applications decreased by 2.7% and fell for the sixth straight week as key interest rates fell slightly, according to the Mortgage Bankers Association.

Mortgage applications decreased by 0.4% and were down for the fifth straight week, as key interest rates also fell slightly, according to the Mortgage Bankers Association.

Rising interest rates contributed to a 2.5% decrease in mortgage application activity, which fell for the fourth straight week.

As key interest rates grew, the refinance share of mortgage applications hit a low not seen since September 2008, according to the Mortgage Bankers Association.

Better weather allowed consumers to go shopping for homes and drive the increase in mortgage application volume compared with one week earlier, according to the Mortgage Bankers Association.

March mortgage applications for new home purchases were stronger than in February but lenders didn't produce as many of them as they did a year ago.

The bank says its partnership with Lender Price will help streamline and simplify its home loan process.

Mortgage applications decreased 1.9% from one week earlier as purchase activity was down again, according to the Mortgage Bankers Association.