Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of Oct. 4, 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 5.96%/1.46 pt 6.00%/1.43 pt 6.01%/1.60 pt 30-year ARM 2.96%/0.67 pt 2.99%/0.67 pt 3.18%/0.52 pt start rate 15-year fixed 5.64%/1.44 pt 5.68%/1.41 pt 5.99%/1.65 pt Rates for loans of $417,000 and above 30-year fixed 6.31%/1.28 pt 6.29%/1.38 pt 6.29%/1.39 pt 30-year ARM 3.13%/1.09 pt 3.17%/1.09 pt 3.29%/0.67 pt start rate 15-year fixed 5.94%/1.39 pt 5.96%/1.25 pt 6.08%/1.44 pt FHA or VA 6.59%/1.48 pt 6.59%/1.48 pt 6.41%/0.70 pt mortgage Average / points CALVET 30-year 6.50%/0.00 pt 6.50%/0.00 pt 6.00%/0.00 pt 6-month LIBOR 5.360% 5.440% 5.070% 1-year 4.900% 4.970% 4.820% Treasury bill 6-month 5.010% 5.070% 4.820% Treasury bill 6-month CD 5.320% 5.370% 5.070% Prime rate 8.250% 8.250% 7.750% 11th District Aug. ’06 July ’06 Feb. ’06 cost-of-funds 4.277% 4.177% 3.604%

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