Average mortgage rates and indexes

*--* Weekly survey of 60 Southland lenders as of Oct. 17, 2007 Latest week One week previous Six months previous Rates for loans up to $417,000 30-year fixed 6.08%/1.52 pt 6.05%/1.62 pt 5.89%/1.43 pt 30-year ARM 4.15%/1.02 pt 4.18%/1.00 pt 3.51%/0.89 pt start rate 15-year fixed 5.76%/1.47 pt 5.72%/1.43 pt 5.56%/1.51 pt Rates for loans of $417,001 and above 30-year fixed 6.85%/1.22 pt 7.00%/1.28 pt 6.24%/1.42 pt 30-year ARM 4.40%/1.10 pt 4.40%/1.10 pt 3.54%/1.08 pt start rate 15-year fixed 6.67%/1.19 pt 6.78%/1.25 pt 5.94%/1.44 pt FHA or VA 6.67%/2.22 pt 6.67%/2.22 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 5.210% 5.160% 5.360% 1-year 4.240% 4.120% 4.970% Treasury bill 6-month 4.280% 4.160% 5.100% Treasury bill 6-month CD 5.190% 5.160% 5.320% Prime rate 7.750% 7.750% 8.250% 11th District Aug. ’07 July ’07 Feb. ’07 cost-of-funds 4.359% 4.277% 4.376% Compiled by National Financial News Services *--*