US DATA: MBA refis were -2.6% and the purchase index was -3.0%, making
the Mtg Bankers Assoc Market Composite -2.7% adjusted in the June 24
wk. The 4-wk moving ave mkt composite was +0.7%. The latest ave 30-yr
fixed mtg slipped to 4.46%. See the survey summary on the MNI main
wire.