Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of Oct. 11, 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 5.95%/1.38 pt 5.96%/1.46 pt 6.11%/1.54 pt 30-year ARM 3.01%/0.77 pt 2.96%/0.67 pt 3.05%/0.81 pt start rate 15-year fixed 5.67%/1.38 pt 5.64%/1.44 pt 6.04%/1.75 pt Rates for loans of $417,000 and above 30-year fixed 6.28%/1.33 pt 6.31%/1.28 pt 6.35%/1.48 pt 30-year ARM 3.19%/1.17 pt 3.13%/1.09 pt 3.06%/0.92 pt start rate 15-year fixed 5.92%/1.42 pt 5.94%/1.39 pt 6.10%/1.55 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% 5.360% 5.160% 1-year 4.900% 4.900% 4.850% Treasury bill 6-month 5.020% 5.010% 4.850% Treasury bill 6-month CD 5.320% 5.320% 5.120% 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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