Average Mortgage Rates and Indexes

Weekly Survey of 130 Southland Lenders as of Aug. 20, 1992

Latest One Week Six Months week previous previous Conforming mortgage rate 30-year fixed 7.740% 7.834% 8.758% 30-year ARM start rate 4.811% 4.869% 5.281% 15-year fixed 7.399% 7.483% 8.525% Jumbo mortgage rate 30-year fixed 8.085% 8.148% 9.241% 30-year ARM start rate 5.092% 5.217% 5.817% 15-year fixed 7.774% 7.839% 9.028% FHA or VA mortgage average points 1.438 1.000 4.938 CALVET 30-year ARM start rate 8.000% 8.000% 8.000% 11th District cost of funds 5.258% 5.258% 6.245% 6-month LIBOR 3.562% 3.500% 4.440% 1-year treasury bill 3.400% 3.430% 4.370% 6-month treasury bill 3.280% 3.290% 4.080% 6-month cert. of deposit 3.340% 3.350% 4.210% Prime rate 6.000% 6.000% 6.500%

Compiled by Mortgage News Co., Santa Ana