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 5.39%/1.63 pt. 5.43%/1.90 pt. 5.44%/1.75 pt. 30-year ARM 2.67%/1.06 pt. 2.67%/1.06 pt. 3.04%/0.96 pt. start rate 15-year fixed 4.75%/1.50 pt. 4.81%/1.70 pt. 4.78%/1.63 pt. Rates for loans over $322,700 30-year fixed 5.78%/1.36 pt. 5.85%/1.70 pt. 5.68%/1.63 pt. 30-year ARM 2.76%/0.95 pt. 2.76%/0.93 pt. 3.24%/0.89 pt. start rate 15-year fixed 5.11%/1.45 pt. 5.19%/1.66 pt. 5.13%/1.51 pt. FHA or VA 6.09%/0.46 pt. 6.19%/0.46 pt. 6.00%/0.46 pt. mortgage Average / points CALVET 30-year 4.99%/0.00 pt. 4.99%/0.00 pt. 5.40%/0.00 pt. 6-month LIBOR 1.180% 1.180% 1.240% 1-year 1.170% 1.220% 1.190% Treasury bill 6-month 1.010% 1.030% 1.110% Treasury bill 6-month CD 1.110% 1.120% 1.220% Prime rate 4.000% 4.000% 4.250% 11th District Aug. ’03 July ’03 Feb. ’03 cost-of-funds 1.946% 2.018% 2.257%

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