Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of July 5, 2006

Compiled by National Financial News Services

*--* Latest week One week Six months previous previous Rates for loans up to $416,999 30-year fixed 6.54%/1.32 pt 6.50%/1.40 pt 5.86%/1.55 pt 30-year ARM 3.77%/0.86 pt 3.76%/0.88 pt 3.12%/0.45 pt start rate 15-year fixed 6.26%/1.28 pt 6.22%/1.51 pt 5.47%/1.47 pt Rates for loans of $417,000 and above 30-year fixed 6.75%/1.26 pt 6.79%/1.40 pt 6.17%/1.40 pt 30-year ARM 3.86%/1.11 pt 3.76%/1.11 pt 3.23%/0.39 pt start rate 15-year fixed 6.49%/1.22 pt 6.47%/1.40 pt 5.78%/1.32 pt FHA or VA mortgage 6.72%/1.18 pt 6.72%/1.18 pt 6.25%/0.73 pt Average / points CALVET 30-year 6.25%/0.00 pt 6.25%/0.00 pt 5.50%/0.00 pt 6-month LIBOR 5.630% 5.550% 4.700% 1-yr. Treasury bill 5.270% 5.240% 4.360% 6-mo. Treasury bill 5.290% 5.250% 4.350% 6-month CD 5.570% 5.530% 4.650% Prime rate 8.250% 8.000% 7.250% 11th District May ’06 April ’06 Nov. ’05 cost-of-funds 3.884% 3.759% 3.190%

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