Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of Aug. 29, 2007

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Compiled by National Financial News Services

*--* Latest week One week previous Six months previous Rates for loans up to $416,999 30-year fixed 6.09%/1.61 pt 6.17%/1.50 pt 5.86%/1.42 pt 30-year ARM 4.31%/0.88 pt 4.29%/0.94 pt 3.53%/0.84 pt start rate 15-year fixed 5.76%/1.51 pt 5.82%/1.57 pt 5.58%/1.46 pt Rates for loans of $417,000 and above 30-year fixed 7.28%/1.45 pt 7.17%/1.54 pt 6.14%/1.50 pt 30-year ARM 4.42%/1.10 pt 4.42%/1.10 pt 3.54%/1.08 pt start rate 15-year fixed 6.65%/1.40 pt 6.74%/1.45 pt 5.92%/1.43 pt FHA or VA 6.67%/1.93 pt 6.67%/1.93 pt 6.61%/1.82 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 5.330% 5.400% 5.390% 1-year 4.160% 4.440% 5.050% Treasury bill 6-month 4.170% 4.520% 5.170% Treasury bill 6-month CD 5.380% 5.400% 5.340% Prime rate 8.250% 8.250% 8.250% 11th District June ’07 May ’07 Dec. ’06 cost-of-funds 4.283% 4.293% 4.396% *--*