Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of May 10, 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 6.28%/1.68 pt 6.26%/1.59 pt 5.86%/1.48 pt 30-year ARM start rate 3.18%/0.78 pt 3.18%/0.78 pt 3.31%/1.00 pt 15-year fixed 5.96%/1.50 pt 5.90%/1.51 pt 5.41%/1.55 pt Rates for loans of $417,000 and above 30-year fixed 6.51%/1.53 pt 6.76%/1.51 pt 6.05%/1.49 pt 30-year ARM start rate 3.18%/1.09 pt 3.18%/0.91 pt 3.44%/0.86 pt 15-year fixed 6.22%/1.54 pt 6.43%/1.68 pt 5.68%/1.36 pt FHA or VA mortgage Average / points 6.61%/1.09 pt 6.43%/0.98 pt 6.36%/0.73 pt CALVET 30-year 6.25%/0.00 pt 6.25%/0.00 pt 5.50%/0.00 pt 6-month LIBOR 5.250% 5.220% 4.720% 1-year Treasury 4.980% 4.940% 4.320% bill 6-month Treasury 4.990% 4.940% 4.260% bill 6-month CD 5.220% 5.210% 4.460% Prime rate 7.750% 7.750% 7.000%

11th District cost-of-funds March ’06 Feb. ’06 Sept. ’05 3.624% 3.604% 2.972%

*--*