Average Mortgage Rates and Indexes

*--* Weekly survey of 60 Southland lenders as of Dec. 26, 2007 Latest week Previous week Six months previous Rates for loans up to $417,000 30-year fixed / 5.98%/1.34 pt 5.96%/1.35 pt 6.24%/1.55 pt points 30-year ARM start 4.95%/0.74 pt 4.95%/0.68 pt 3.54%/0.86 pt rate 15-year fixed 5.59%/1.28 pt 5.58%/1.26 pt 5.90%/1.62 pt Rates for loans of $417,001 and above 30-year fixed 6.84%/1.27 pt 6.93%/1.19 pt 6.50%/1.55 pt 30-year ARM start 5.24%/0.83 pt 5.24%/0.83 pt 3.59%/1.03 pt rate 15-year fixed 6.51%/1.22 pt 6.51%/1.20 pt 6.18%/1.53 pt FHA or VA mortgage 6.62%/2.13 pt 6.62%/2.13 pt 6.70%/1.98 pt Average CALVET 30-year 6.10%/0.00 pt 6.10%/0.00 pt 6.10%/0.00 pt 6-month LIBOR 4.830% 4.960% 5.400% 1-year Treasury 3.280% 3.200% 4.950% bill 6-month Treasury 3.350% 3.230% 4.940% bill 6-month CD 4.820% 4.900% 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 *--*