Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of March 22

Compiled by National Financial News Services

*--* Latest week One week Six months previous previous Rates for loans up to $416,999 30-year fixed 5.98%/1.60 pt 6.04%/1.60 pt 5.44%/1.39 pt 30-year ARM start rate 3.15%/0.52 pt 3.15%/0.52 pt 3.64%/0.59 pt 15-year fixed 5.64%/1.61 pt 5.71%/1.60 pt 5.09%/1.23 pt Rates for loans of $417,000 and above 30-year fixed 6.25%/1.51 pt 6.28%/1.50 pt 5.66%/1.30 pt 30-year ARM start rate 3.26%/0.67 pt 3.26%/0.67 pt 3.65%/0.50 pt 15-year fixed 5.99%/1.64 pt 6.01%/1.54 pt 5.30%/1.26 pt FHA or VA mortgage Average / points 6.41%/0.70 pt 6.43%/0.73 pt 6.14%/0.52 pt CALVET 30-year 6.00%/0.00 pt 5.70%/0.00pt 5.50%/0.00 pt 6-month LIBOR 5.070% 5.030% 4.220% 1-year Treasury bill 4.760% 4.770% 3.820% 6-month Treasury bill 4.800% 4.770% 3.780% 6-month CD 5.020% 5.000% 3.970% Prime rate 7.500% 7.500% 6.750%

11th District cost-of-funds Jan. ’06 Dec. ’05 July ’05 3.347% 3.296% 2.757%

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