Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of Aug. 8, 2007

Compiled by National Financial News Services

*--* -- Latest week One week Six months -- -- previous previous Rates for loans up to $416,999

30-year fixed 6.17%/1.54 pt 6.20%/1.60 pt 5.89%/1.52 pt 30-yr ARM start rate 3.60%/0.86 pt 3.59%/0.86 pt 3.48%/0.72 pt 15-year fixed 5.86%/1.49 pt 5.86%/1.54 pt 5.63%/1.51 pt

Rates for loans of $417,000 and above

30-year fixed 6.69%/1.53 pt 6.57%/1.52 pt 6.14%/1.40 pt 30-yr ARM start rate 3.65%/1.00 pt 3.65%/1.00 pt 3.49%/0.83 pt 15-year fixed 6.31%/1.39 pt 6.24%/1.46 pt 5.93%/1.46 pt FHA or VA mortgage Average / points 6.68%/1.93 pt 6.67%/1.93 pt 6.61%/1.75 pt CALVET 30-year 6.10%/0.00 pt 6.10%/0.00 pt 6.10%/0.00 pt 6-month LIBOR 5.330% 5.370% 5.400% 1-year Treasury bill 4.830% 4.910% 5.100% 6-month Treasury bill 4.960% 5.030% 5.170% 6-month CD 5.320% 5.330% 5.360% Prime rate 8.250% 8.250% 8.250%

11th District June ’07 May ’07 Dec. ’06 cost-of-funds 4.283% 4.293% 4.396% *--*