US DATA: MBA refis +13.0% in a rebound after the pause for the storm,
and the purchase index was +11.0%, making the Mtg Bankers Assoc Market
Composite +12.6% adjusted in the week ended Nov. 9. The 30-yr fixed
confirming mtg rate was down to a record low 3.52%. An MBA off’l said
application volume in New Jersey more than doubled over the week while
volume in Connecticut and New York increased more than 60%. See the
survey summary on the MNI main wire.