Mortgage Bankers Association (MBA)

The Market Composite, Purchase, and Refinance indexes all fell 2% last week.

Fell to the lowest level since March 2013, following seven straight months of tightening credit.

Adds 263,000 jobs in September; unemployment rate dips to 3.5%

MBA Market Composite Index fell 14.2% last week to the slowest pace since 1997.

Freddie Mac survey finds 30-year fixed-rate mortgages now average 6.7%, more than double the rate at this point last year.

After rising nearly 4% the previous week, applications fell nearly 4% last week as interest rates rose.