Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of July 6, 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 5.24%/1.40pt 5.18%/1.50pt 5.35%/1.64pt 30-year ARM 2.88%/0.46pt 2.39%/0.41pt 2.68%/0.66pt start rate 15-year fixed 4.92%/1.08pt 4.81%/1.42pt 4.79%/1.59pt Rates for loans $359,650 and more 30-year fixed 5.53%/1.36pt 5.50%/1.65pt 5.64%/1.64pt 30-year ARM ETD 3.06%/0.46pt 2.43%/0.41pt 2.84%/0.70pt start rate 15-year fixed 5.18%/1.18pt 5.18%/1.33pt 5.10%/1.59pt FHA or VA mortgage 6.04%/0.56pt 6.04%/0.56pt 6.13%/0.67pt Average / points CALVET 30-year 5.50%/0.00pt 5.50%/0.00pt 5.50%/0.00pt 6-month LIBOR 3.770% 3.650% 2.780% 1-year Treasury bill 3.460% 3.400% 2.770% 6-month Treasury bill 3.350% 3.270% 2.610% 6-month CD 3.650% 3.600% 2.730% Prime rate 6.250% 6.000% 5.250% 11th District May ’05 April ’05 Nov. ’04 cost-of-funds 2.622% 2.515% 2.025%

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