Average mortgage rates and indexes

*--* Weekly survey of 60 Southland lenders as of July 25, 2007 This week Last week Six months previous Rates for loans up to $416,999 30-year fixed 6.25%/1.54 pt 6.24%/1.52 pt 5.88%/1.53 pt 30-year ARM start 3.59%/0.86 pt 3.60%/0.83 pt 3.48%/0.73 pt rate 15-year fixed 5.92%/1.55 pt 5.89%/1.56 pt 5.58%/1.53 pt Rates for loans of $417,000 and above 30-year fixed 6.51%/1.53 pt 6.51%/1.55 pt 6.14%/1.47 pt 30-year ARM start 3.65%/1.00 pt 3.65%/1.00 pt 3.49%/0.83 pt rate 15-year fixed 6.22%/1.46 pt 6.21%/1.48 pt 5.90%/1.39 pt FHA or VA mortgage 6.67%/1.93 pt 6.68%/1.95 pt 6.61%/1.75 pt Average / points CALVET 30-year 6.10%/0.00 pt 6.10%/0.00 pt 6.10%/0.00 pt 6-month LIBOR 5.390% 5.400% 5.390% 1-year Treasury 4.990% 5.000% 5.080% bill 6-month Treasury 5.060% 5.040% 5.160% bill 6-month CD 5.340% 5.350% 5.350% 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 *--*