US DATA: MBA refis -5.2% and the purchase index was -0.8%, making
the Mtg Bankers Assoc Market Composite -4.3% adjusted in the week ended
Sept 30. The 4-wk mtg mkt moving ave was +2.44% with refis 79.1% of
total applications. The ave 30-yr mtg rate dropped to 4.18%. See the
survey summary on the MNI main wire.
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