Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of Nov. 2, 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 5.88%/1.44pt 5.80%/1.40pt 5.53%/1.33pt 30-year ARM 3.17%/1.00pt 3.12%/0.93pt 3.02%/0.41pt start rate 15-year fixed 5.45%/1.40pt 5.35%/1.41pt 5.10%/1.32pt Rates for loans of $359,650 and above 30-year fixed 6.10%/1.36pt 6.05%/1.28pt 5.82%/1.29pt 30-year ARM 3.21%/0.88pt 3.15%/0.81pt 3.05%/0.41pt start rate 15-year fixed 5.71%/1.29pt 5.70%/1.31pt 5.42%/1.29pt FHA or VA mortgage 6.36%/0.73pt 6.16%/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 4.360% 4.360% 3.430% 1-yr. Treasury 4.260% 4.190% 3.330% bill 6-mo. Treasury 4.210% 4.160% 3.170% bill 6-mo. CD 4.380% 4.320% 3.360% Prime rate 7.000% 6.750% 6.000% 11th District Sept. ’05 Aug. ’05 March ’05 cost-of-funds 2.972% 2.870% 2.400%

*--*