Average mortgage rates and indexes

*--* Weekly survey of 60 Southland lenders as of July 18, 2007 This week Last week Six months previous Rates for loans up to $416,999 30-year fixed 6.24%/1.52 pt 6.22%/1.50 pt 5.81%/1.40 pt 30-year ARM start 3.60%/0.83 pt 3.53%/0.88 pt 3.43%/0.73 pt rate 15-year fixed 5.89%/1.56 pt 5.88%/1.60 pt 5.51%/1.52 pt Rates for loans of $417,000 and above 30-year fixed 6.51%/1.55 pt 6.50%/1.61 pt 6.08%/1.57 pt 30-year ARM start 3.65%/1.00 pt 3.59%/1.03 pt 3.45%/0.83 pt rate 15-year fixed 6.21%/1.48 pt 6.19%/1.49 pt 5.83%/1.44 pt FHA or VA mortgage 6.68%/1.95 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 5.400% 5.380% 5.380% 1-year Treasury 5.000% 4.990% 5.030% bill 6-month Treasury 5.040% 5.020% 5.140% bill 6-month CD 5.350% 5.350% 5.330% 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% Compiled by National Financial News Services *--*