Average Mortgage Rates and Indexes

Weekly Survey of 130 Southland Lenders as of Oct. 15, 1992

Latest One Week Six Months week previous previous Rates for mortgages under $202,300 30-year fixed 7.889% 7.914% 8.650% 30-year ARM start rate 4.712% 4.729% 5.788% 15-year fixed 7.504% 7.456% 8.416% Rates for mortgages over $202,300 30-year fixed 8.306% 8.298% 9.053% 30-year ARM start rate 4.959% 4.946% 6.009% 15-year fixed 8.026% 8.008% 8.887% FHA or VA mortgage average points 1.063 1.125 4.625 CALVET 30-year ARM start rate 8.000% 8.000% 8.000% 11th District cost of funds 4.874% 4.874% 5.800% 6-month LIBOR 3.563% 3.375% 4.250% 1-year treasury bill 3.260% 3.090% 4.140% 6-month treasury bill 3.040% 2.860% 3.860% 6-month certificate of deposit 3.270% 3.100% 4.040% Prime rate 6.000% 6.000% 6.500%

Compiled by Mortgage News Co., Santa Ana