Average Mortgage Rates and Indexes

Compiled by National Financial News Services

*--* Latest week One week previous Six months previous Rates for loans up to $322,700 30-year fixed 5.40%/1.76 pt. 5.54%/1.75 pt. 5.03%/1.31 pt. 30-year ARM 2.67%/1.25 pt. 2.68%/1.29 pt. 2.74%/0.84 pt. start rate 15-year fixed 4.71%/1.75 pt. 4.83%/1.83 pt. 4.46%/1.34 pt. Rates for loans over $322,700 30-year fixed 5.74%/1.61 pt. 5.86%/1.63 pt. 5.26%/1.29 pt. 30-year ARM 2.74%/1.14 pt. 2.75%/1.17 pt. 2.95%/0.71 pt. start rate 15-year fixed 5.07%/1.68 pt. 5.21%/1.57 pt. 4.80%/1.14 pt. FHA or VA 6.00%/1.03 pt. 6.03%/1.03 pt. 5.59%/0.31 pt. mortgage Average / points CALVET 30-year 4.99%/0.00 pt. 4.99%/0.00 pt. 4.50%/0.00 pt. 6-month LIBOR 1.220% 1.220% 1.000% 1-year 1.270% 1.310% 0.950% Treasury bill 6-month 0.980% 1.020% 0.870% Treasury bill 6-month CD 1.150% 1.170% 0.920% Prime rate 4.000% 4.000% 4.250% 11th District Oct. ’03 Sept. ’03 Apr. ’03 cost-of-funds 1.909% 1.923% 2.208%

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