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Average mortgage rates and indexes

April 06, 2008 in print edition K-6

Weekly survey of 30 Orange and L.A. County lenders as of April 2, 2008
Latest week		Previous week	Six months previous
Rates for loans up to $729,750
30-year fixed	5.81%/1.43 pt.	5.77%/1.34 pt.	6.05%/1.58 pt.
30-year ARM start rate	4.90%/0.81 pt.	4.94%/0.81 pt.	4.18%/1.00 pt.
15-year fixed	5.36%/1.24 pt.	5.25%/1.30 pt.	5.72%/1.51 pt.
Rates for loans of $729,751 and above
30-year fixed	6.90%/1.44 pt.	6.86%/1.39 pt.	7.04%/1.32 pt.
30-year ARM start rate	5.12%/1.08 pt.	5.12%/1.08 pt.	4.37%/1.10 pt.
15-year fixed	6.54%/1.43 pt.	6.51%/1.33 pt.	6.77%/1.26 pt.
FHA or VA mortgage average	6.47%/1.91 pt.	6.47%/1.91 pt.	6.67%/2.22 pt.
CALVET 30-year	6.10%/0.00 pt.	6.10%/0.00 pt.	6.10%/0.00 pt.
6-month LIBOR	2.630%	2.380%	5.140%
1-year Treasury bill	1.600%	1.350%	4.050%
6-month Treasury bill	1.530%	1.260%	4.080%
6-month CD	2.690%	2.490%	5.120%
Prime rate	5.250%	5.250%	7.750%
11th Dist. cost-of-funds	Feb. ‘08	Jan. ‘08	Aug. ‘07
	3.560%	3.970%	4.359%
Compiled by National Financial News Services