US DATA: MBA refis -11.2% and the purchase index was -6.7%, making the
Mtg Bankers Assoc Market Composite -10.5% adjusted in the Oct 15 wk.
The 4-wk moving ave was +0.4% with refise 82.4% of total apps. The
ave 30-yr mtg rate was 4.34%. See the survey summary on the MNI main
wire.