US DATA: MBA refis -1.4% and the purchase index was +1.8% — still
the highest since May — making the Mtg Bankers Assoc Market Composite
-0.9% adjusted in the Dec 3 wk. The 4-wk moving ave was -8.0%. The ave
30-yr mtg was up to 4.66% with refis 75.2% of total apps. See the survey
summary on the MNI main wire.