Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of July 3, 2007

Rates for loans up to $416,999

*--* Latest week One week previous Six months previous 30-year fixed 6.20%/1.53 pt 6.24%/1.49 pt 5.78%/1.44 pt 30-year ARM start 3.53%/0.88 pt 3.53%/0.88 pt 3.42%/0.77 pt rate 15-year fixed 5.88%/1.55 pt 5.90%/1.55 pt 5.51%/1.53 pt

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Rates for loans of $417,000 and above

*--* 30-year fixed 6.46%/1.55 pt 6.49%/1.52 pt 6.07%/1.50 pt 30-year ARM start rate 3.59%/1.03 pt 3.59%/1.03 pt 3.45%/0.83 pt 15-year fixed 6.18%/1.44 pt 6.17%/1.50 pt 5.81%/1.54 pt FHA or VA mortgage 6.70%/1.98 pt 6.70%/1.98 pt 6.52%/1.72 pt Average / points CALVET 30-year 6.10%/0.00 pt 6.10%/0.00 pt 6.10%/0.00 pt 6-month LIBOR 5.380% 5.400% 5.360% 1-year Treasury bill 4.940% 4.950% 4.990% 6-month Treasury bill 4.970% 4.940% 5.100% 6-month CD 5.350% 5.360% 5.320% Prime rate 8.250% 8.250% 8.250% 11th District May ’07 April ’07 Nov. ’06 cost-of-funds 4.293% 4.224% 4.358%

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Compiled by National Financial News Services