US DATA: MBA refis -1.6% and the purchase index was..

US DATA: MBA refis -1.6% and the purchase index was +2.4%, making
the Mtg Bankers Assoc Market Composite -0.8% adjusted in the Sept 24 wk.
The 4-wk moving ave was -3.3%. The ave 30-yr mtg rate slipped to 4.38%
with refis 80.7% of total apps. See the survey summary on the MNI main
wire.