Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of May 23, 2007

Rates for loans up to $416,999

*--* Latest week One week previous Six months previous 30-year fixed 5.93%/1.48 pt 5.89%/1.47 pt 5.84%/1.51 pt 30-year ARM start 3.46%/0.78 pt 3.45%/0.77 pt 3.51%/0.84 pt rate 15-year fixed 5.67%/1.45 pt 5.56%/1.49 pt 5.54%/1.47 pt

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Rates for loans of $417,000 and above

*--* 30-year fixed 6.25%/1.41 pt 6.15%/1.49 pt 6.10%/1.51 pt 30-year ARM start rate 3.57%/0.88 pt 3.59%/0.86 pt 3.55%/0.95 pt 15-year fixed 5.96%/1.42 pt 5.89%/1.43 pt 5.83%/1.42 pt FHA or VA mortgage 6.68%/1.95 pt 6.66%/1.88 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 5.370% 5.360% 5.390% 1-year Treasury bill 4.860% 4.890% 5.030% 6-month Treasury bill 4.920% 4.980% 5.160% 6-month CD 5.320% 5.310% 5.330% Prime rate 8.250% 8.250% 8.250% 11th District March ’07 Feb. ’07 Sept. ’06 cost-of-funds 4.299% 4.376% 4.382%

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Compiled by National Financial News Services