Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of Aug. 24, 2005

Compiled by National Financial News Services

*--* Latest week One week Six months previous previous Rates for loans up to $359,649 30-year fixed 5.47%/1.20 pt. 5.55%/1.14 pt. 5.28%/1.40 pt. 30-year ARM 2.99%/0.45 pt. 2.99%/0.46 pt. 3.13%/0.66 pt. start rate 15-year fixed 5.10%/1.29 pt. 5.19%/1.14 pt. 4.81%/1.50 pt. Rates for loans of $359,650 and more 30-year fixed 5.66%/1.34 pt. 5.78%/1.09 pt. 5.51%/1.39 pt. 30-year ARM 3.01%/0.39 pt. 3.01%/0.41 pt. 3.22%/0.65 pt. start rate 15-year fixed 5.43%/1.24 pt. 5.44%/1.14 pt. 5.10%/1.35 pt. FHA or VA mortgage 6.16%/0.56 pt. 6.16%/0.56 pt. 6.13%/0.67 pt. Average / points CALVET 30-year 5.50%/0.00 pt. 5.50%/0.00 pt. 5.50%/0.00 pt. 6-month LIBOR 4.050% 4.030% 3.080% 1-yr Treasury bill 3.890% 3.900% 3.050% 6-mo Treasury bill 3.800% 3.790% 2.860% 6-month CD 4.000% 3.980% 3.010% Prime rate 6.500% 6.500% 5.500% 11th District Jun. ’05 May. ’05 Dec. ’04 cost-of-funds 2.676% 2.622% 2.118%

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