Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of Feb. 22

*--* Latest week One week Six months previous previous Rates for loans up to $416,999 30-year fixed 5.86%/1.61 pt 5.86%/1.64 pt 5.53%/1.15 pt 30-year ARM 3.14%/0.52 pt 3.12%/0.52 pt 2.99%/0.45 pt start rate 15-year fixed 5.51%/1.56 pt 5.53%/1.51 pt 5.18%/1.16 pt Rates for loans of $417,000 and above 30-year fixed 6.15%/1.40 pt 6.15%/1.50 pt 5.75%/1.10 pt 30-year ARM 3.24%/0.42 pt 3.23%/0.42 pt 3.01%/0.39 pt start rate 15-year fixed 5.85%/1.42 pt 5.83%/1.44 pt 5.44%/1.13 pt FHA or VA mortgage 6.38%/0.61 pt 6.38%/0.61 pt 6.16%/0.56 pt Average / points CALVET 30-year 5.70%/0.00 pt 5.70%/0.00 pt 5.50%/0.00 pt 6-month LIBOR 4.930% 4.810% 4.050% 1-year 4.700% 4.670% 3.890% Treasury bill 6-month 4.700% 4.680% 3.800% Treasury bill 6-month CD 4.900% 4.860% 4.000% Prime rate 7.500% 7.500% 6.500%

11th District Dec. ’05 Nov. ’05 June ’05 cost-of-funds 3.296% 3.190% 2.676%

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Compiled by National Financial News Services