Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of June 6, 2007

Rates for loans up to $416,999

*--* Latest week One week previous Six months previous 30-year fixed 6.07%/1.49 pt 5.98%/1.58 pt 5.72%/1.55 pt 30-year ARM start 3.53%/0.86 pt 3.48%/0.73 pt 3.51%/0.80 pt rate 15-year fixed 5.75%/1.53 pt 5.71%/1.49 pt 5.43%/1.53 pt

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Rates for loans of $417,000 and above

*--* 30-year fixed 6.29%/1.57 pt 6.29%/1.40 pt 6.04%/1.57 pt 30-year ARM start rate 3.59%/1.03 pt 3.57%/0.88 pt 3.55%/0.95 pt 15-year fixed 6.01%/1.50 pt 5.99%/1.43 pt 5.79%/1.49 pt FHA or VA mortgage 6.68%/1.95 pt 6.68%/1.95 pt 6.46%/1.63 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% 5.380% 5.350% 1-year Treasury bill 4.960% 4.950% 4.950% 6-month Treasury bill 4.980% 5.000% 5.110% 6-month CD 5.340% 5.330% 5.300% 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