Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of Oct. 18, 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 6.01%/1.42 pt. 5.95%/1.38 pt. 6.23%/1.54 pt. 30-year ARM start rate 2.99%/0.81 pt. 3.01%/0.77 pt. 3.18%/0.78 pt. 15-year fixed 5.74%/1.44 pt. 5.67%/1.38 pt. 5.85%/1.68 pt. Rates for loans of $417,000 and above 30-year fixed 6.32%/1.38 pt. 6.28%/1.33 pt. 6.69%/1.63 pt. 30-year ARM start rate 3.12%/1.17 pt. 3.19%/1.17 pt. 3.21%/0.92 pt. 15-year fixed 6.01%/1.38 pt. 5.92%/1.42 pt. 6.15%/1.63 pt. FHA or VA mortgage Average / points 6.59%/1.48 pt. 6.59%/1.48 pt. 6.43%/0.98 pt. CALVET 30-year 6.50%/0.00 pt. 6.50%/0.00 pt. 6.00%/0.00 pt. 6-month LIBOR 5.390% 5.360% 5.200% 1-year Treasury bill 5.030% 4.900% 4.910% 6-month Treasury bill 5.120% 5.020% 4.910% 6-month CD 5.340% 5.320% 5.170% Prime rate 8.250% 8.250% 7.750% 11th District cost-of-funds Aug. ’06 July ’06 Feb. ’06 4.277% 4.177% 3.604%

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