Average Mortgage Rates and Indexes

*--* Weekly survey of 60 Southland lenders as of Nov. 7, 2007 Latest week One week previous Six months previous Rates for loans up to $417,000 30-year fixed 5.98%/1.51 pt 5.93%/1.54 pt 5.89%/1.41 pt 30-year ARM 4.37%/1.00 pt 4.32%/0.98 pt 3.51%/0.88 pt start rate 15-year fixed 5.64%/1.36 pt 5.58%/1.40 pt 5.57%/1.44 pt Rates for loans of $417,001 and above 30-year fixed 6.54%/1.23 pt 6.54%/1.30 pt 6.18%/1.49 pt 30-year ARM 4.62%/1.07 pt 4.59%/1.07 pt 3.54%/1.08 pt start rate 15-year fixed 6.20%/1.21 pt 6.19%/1.27 pt 5.90%/1.43 pt FHA or VA 6.67%/2.16 pt 6.67%/2.16 pt 6.66%/1.88 pt mortgage Average / points CALVET 30-year 6.10%/0.00 pt 6.10%/0.00 pt 6.10%/0.00 pt 6-month LIBOR 4.820% 4.940% 5.350% 1-year 3.930% 3.970% 4.900% Treasury bill 6-month 4.000% 4.070% 5.020% Treasury bill 6-month CD 4.750% 4.810% 5.310% Prime rate 7.500% 7.500% 8.250% 11th District Sept. ’07 Aug. ’07 March ’07 cost-of-funds 4.383% 4.359% 4.299% Compiled by National Financial News Services *--*