Average Mortgage Rates and Indexes
Weekly Survey of 130 Southland Lenders as of May 20, 1993
Latest One Week Six Months week previous previous Rates for mortgages under $203,150 30-year fixed 7.416% 7.334% 8.201% 30-year ARM start rate 4.420% 4.391% 5.215% 15-year fixed 7.033% 6.907% 7.907% Rates for mortgages over $203,150 30-year fixed 7.629% 7.528% 8.781% 30-year ARM start rate 4.604% 4.596% 5.336% 15-year fixed 7.330% 7.243% 8.538% FHA or VA mortgage average points 1.188 1.188 5.406 CALVET 30-year ARM start rate 8.000% 8.000% 8.000% 11th District cost of funds 4.245% 4.245% 4.805% 6-month LIBOR 3.438% 3.375% 3.938% 1-year treasury bill 3.400% 3.270% 3.730% 6-month treasury bill 3.190% 3.080% 3.480% 6-month certificate of deposit 3.230% 3.140% 3.690% Prime rate 6.000% 6.000% 6.000%
Compiled by Mortgage News Co., Santa Ana
More to Read
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.