Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of Sept. 5, 2007

Compiled by National Financial News Services

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Latest week One week previous Six months previous Rates for loans up to $416,999 30-year fixed 6.08%/1.581 pt 6.09%/1.61 pt 5.80%/1.36 pt 30-year ARM 4.31%/0.88 pt 4.31%/0.88 pt 3.51%/0.84 pt start rate 15-year fixed 5.75%/1.50 pt 5.76%/1.51 pt 5.49%/1.45 pt Rates for loans of $417,000 and above 30-year fixed 7.33%/1.98 pt 7.28%/1.45 pt 6.07%/1.49 pt 30-year ARM 4.42%/1.10 pt 4.42%/1.10 pt 3.54%/1.08 pt start rate 15-year fixed 7.09%/1.39 pt 6.65%/1.40 pt 5.88%/1.42 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 5.430% 5.330% 5.370% 1-year 4.300% 4.160% 4.960% Treasury bill 6-month 4.380% 4.170% 5.120% Treasury bill 6-month CD 5.500% 5.380% 5.300% Prime rate 8.250% 8.250% 8.250% 11th District July ’07 June ’07 Jan. ’07 cost-of-funds 4.277% 4.283% 4.392% *--*