Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of May 30, 2007

Rates for loans of $417,000 and above

*--* Rates for Latest week One week previous Six months previous loans up to $416,999 30-year fixed 5.98%/1.58 pt 5.93%/1.48 pt 5.79%/1.54 pt 30-year ARM 3.48%/0.73 pt 3.46%/0.78 pt 3.51%/0.83 pt start rate 15-year fixed 5.71%/1.49 pt 5.67%/1.45 pt 5.50%/1.51 pt

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*--* 30-year fixed 6.29%/1.40 pt 6.25%/1.41 pt 6.08%/1.49 pt 30-year ARM start rate 3.57%/0.88 pt 3.57%/0.88 pt 3.55%/0.95 pt 15-year fixed 5.99%/1.43 pt 5.96%/1.42 pt 5.81%/1.51 pt FHA or VA mortgage 6.68%/1.95 pt 6.68%/1.95 pt 6.61%/1.50 pt Average / points CALVET 30-year 6.10%/0.00 pt 6.10%/0.00 pt 6.50%/0.00 pt 6-month LIBOR 5.380% 5.370% 5.370% 1-year Treasury bill 4.950% 4.860% 5.010% 6-month Treasury bill 5.000% 4.920% 5.150% 6-month CD 5.330% 5.320% 5.330% Prime rate 8.250% 8.250% 8.250% 11th District Mar. ’07 Feb. ’07 Sept. ’06 cost-of-funds 4.299% 4.376% 4.382%

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Compiled by National Financial News Services