Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of June 21, 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 6.44%/1.33 pt 6.35%/1.42 pt 5.94%/1.56 pt 30-year ARM 3.74%/0.91 pt 3.16%/0.80 pt 3.03%/0.38 pt start rate 15-year fixed 6.11%/1.39 pt 6.03%/1.45 pt 5.51%/1.57 pt Rates for loans of $417,000 and above 30-year fixed 6.61%/1.53 pt 6.64%/1.39 pt 6.18%/1.47 pt 30-year ARM 3.76%/1.11 pt 3.16%/1.20 pt 3.06%/0.43 pt start rate 15-year fixed 6.32%/1.44 pt 6.11%/2.11 pt 5.81%/1.44 pt FHA or VA mortgage 6.72%/1.18 pt 6.72%/1.18 pt 6.16%/0.56 pt Average / points CALVET 30-year 6.25%/0.00 pt 6.25%/0.00 pt 5.50%/0.00 pt 6-month LIBOR 5.420% 5.370% 4.650% 1-year Treasury bill 5.130% 5.040% 4.340% 6-month Treasury bill 5.160% 5.060% 4.320% 6-month CD 5.460% 5.340% 4.620% Prime rate 8.000% 8.000% 7.000% 11th District April ’06 March ’06 Oct. ’05 cost-of-funds 3.759% 3.624% 3.074%

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