Average Mortgage Rates and Indexes

*--* Weekly survey of 60 Southland lenders as of Dec. 19, 2007 Latest week Previous week Six months previous Rates for loans up to $417,000 30-year fixed 5.96%/1.35 pt 5.88%/1.41 pt 6.23%/1.44 pt 30-year ARM start 4.95%/0.68 pt 4.93%/0.71 pt 3.56%/0.84 pt rate 15-year fixed 5.58%/1.26 pt 5.54%/1.22 pt 5.92%/1.58 pt Rates for loans of $417,001 and above 30-year fixed 6.93%/1.19 pt 6.78%/1.18 pt 6.47%/1.55 pt 30-year ARM start 5.24%/0.83 pt 5.26%/0.81 pt 3.59%/1.03 pt rate 15-year fixed 6.51%/1.20 pt 6.35%/1.22 pt 6.18%/1.51 pt FHA or VA mortgage 6.62%/2.13 pt 6.64%/2.13 pt 6.68%/1.95 pt Average / points CALVET 30-year 6.10%/0.00 pt 6.10%/0.00 pt 6.10%/0.00 pt 6-month LIBOR 4.960% 4.910% 5.400% 1-year Treasury 3.200% 3.170% 4.980% bill 6-month Treasury 3.230% 3.270% 4.930% bill 6-month CD 4.900% 4.940% 5.360% Prime rate 7.250% 7.250% 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 *--*