Average Mortgage Rates and Indexes

*--* Weekly survey of 60 Southland lenders as of Dec. 12, 2007 Latest week Previous week Six months previous Rates for loans up to $417,000 30-year fixed 5.88%/1.41 pt. 5.85%/1.40 pt. 6.11%/1.49 pt. 30-year ARM 4.93%/0.71 pt. 4.91%/0.84 pt. 3.53%/0.88 pt. start rate 15-year fixed 5.54%/1.22 pt. 5.56%/1.09 pt. 5.79%/1.53 pt. Rates for loans of $417,001 and above 30-year fixed 6.78%/1.18 pt. 6.70%/1.23 pt. 6.35%/1.52 pt. 30-year ARM 5.26%/0.81 pt. 5.26%/0.92 pt. 3.59%/1.03 pt. start rate 15-year fixed 6.35%/1.22 pt. 6.24%/1.18 pt. 6.07%/1.49 pt. FHA or VA 6.64%/2.13 pt. 6.64%/2.13 pt. 6.68%/1.95 pt. mortgage Average / points CALVET 30-year 6.10%/0.00 pt. 6.10%/0.00 pt. 6.10%/0.00 pt. 6-month LIBOR 4.910% 4.860% 5.390% 1-year Treasury 3.170% 3.250% 4.980% bill 6-month Treasury 3.270% 3.350% 4.970% bill 6-month CD 4.940% 4.930% 5.350% Prime rate 7.250% 7.500% 8.250% 11th District Oct. ’07 Sept. ’07 April ’07 cost-of-funds 4.233% 4.383% 4.244% Compiled by National Financial News Services *--*