Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of Aug. 3, 2005

Compiled by National Financial News Services

*--* Latest week One week previous Six months previous Rates for loans up to $359,649 30-year fixed 5.47%/1.29pt 5.45%/1.38pt 5.31%/1.51pt 30-year ARM 2.99%/0.43pt 3.13%/0.46pt 2.79%/0.66pt start rate 15-year fixed 5.09%/1.36pt 5.07%/1.39pt 4.83%/1.51pt Rates for loans over $359,650 30-year fixed 5.66%/1.35pt 5.65%/1.44pt 5.51%/1.55pt 30-year ARM 3.04%/0.38pt 3.19%/0.91pt 2.91%/0.65pt start rate 15-year fixed 5.35%/1.21pt 5.35%/1.26pt 5.05%/1.44pt FHA or VHA 6.16%/0.56pt 6.16%/0.56pt 6.13%/0.67pt mortgage Average / points CALVET 30-year 5.50%/0.00pt 5.50%/0.00pt 5.50%/0.00pt 6-month LIBOR 3.920% 3.880% 2.960% 1-year Treasury 3.770% 3.680% 2.890% bill 6-mo. Treasury 3.670% 3.570% 2.710% bill 6-month CD 3.870% 3.830% 2.890% Prime rate 6.250% 6.250% 5.250% 11th District June ’05 May ’05 Dec. ’04 cost-of-funds 2.676% 2.622% 2.118%

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