Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of Aug. 15, 2007

Compiled by National Financial News Services

*--* Latest One week Six months -- week previous previous Rates for loans up to $416,999 30-year fixed 6.18%/1.55 pt 6.17%/1.54 pt 5.88%/1.40 pt 30-year ARM 4.26%/0.93 pt 3.60%/0.86 pt 3.51%/0.89 pt start rate 15-year fixed 5.85%/1.46 pt 5.86%/1.49 pt 5.60%/1.47 pt

Rates for loans of $417,000 and above 30-year fixed 7.00%/1.42 pt 6.69%/1.53 pt 6.07%/1.47 pt 30-year ARM start rate 4.42%/1.09 pt 3.65%/1.00 pt 3.54%/1.08 pt 15-year fixed 6.61%/1.38 pt 6.31%/1.39 pt 5.90%/1.43 pt

FHA or VA mortgage 6.68%/1.93 pt 6.68%/1.93 pt 6.61%/1.80 pt Average / points CALVET 30-yr 6.10%/0.00 pt 6.10%/0.00 pt 6.10%/0.00 pt 6-month LIBOR 5.280% 5.330% 5.400% 1-yr Treasury bill 4.780% 4.830% 5.070% 6-mo Treasury bill 4.910% 4.960% 5.160% 6-month CD 5.350% 5.320% 5.350% 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% *--*