Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of Aug. 2, 2006

Compiled by National Financial News Services

*--* This week Last week Six months previous Rates for loans up to $416,999 30-year fixed 6.28%/1.42 pt. 6.36%/1.42 pt. 5.80%/1.41 pt. 30-year ARM 3.17%/0.61 pt. 3.20%/0.67 pt. 3.06%/0.45 pt. start rate 15-year fixed 5.94%/1.45 pt. 6.01%/1.41 pt. 5.38%/1.53 pt. Rates for loans of $417,000 and above 30-year fixed 6.50%/1.36 pt. 6.65%/1.31 pt. 6.03%/1.49 pt. 30-year ARM 3.20%/1.09 pt. 3.23%/1.09 pt. 3.17%/0.39 pt. start rate 15-year fixed 6.21%/1.33 pt. 6.29%/1.33 pt. 5.68%/1.42 pt. FHA or VA mortgage 6.61%/1.30 pt. 6.61%/1.30 pt. 6.20%/0.59 pt. Average / points CALVET 30-year 6.50%/0.00 pt. 6.50%/0.00 pt. 5.50%/0.00 pt. 6-month LIBOR 5.560% 5.580% 4.740% 1-year 5.170% 5.220% 4.500% Treasury bill 6-month 5.220% 5.280% 4.530% Treasury bill 6-month CD 5.520% 5.550% 4.720% Prime rate 8.250% 8.250% 7.250% 11th District June ’06 May ’06 Dec. ’05 cost-of-funds 4.090% 3.884% 3.296%

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