US DATA: MBA refis was +16.5% and the purchase index was +4.5%, making
the Mtg Bankers Assoc Market Composite +13.0% adjusted in the week ended
June 10. The 4-wk mtg mkt composite was +2.4%. The ave 30-yr fixed mtg
rate was down to 4.51% from the prv 4.54%. See the survey summary on the
MNI main wire.