Average mortgage rates and indexes

Weekly survey of 30 lenders in Orange and Los Angeles counties as of April 23, 2008

Compiled by National Financial News Services

*--* -- Latest Previous Six months -- week week previous Rates for loans up to $417,000 30-year fixed 5.84%/1.31 pt 5.79%/1.36 pt 6.05%/1.48 pt 30-year ARM start rate 4.73%/0.67 pt 4.68%/0.71 pt 4.15%/0.97 pt 15-year fixed 5.43%/1.24 pt 5.38%/1.24 pt 5.71%/1.43 pt Rates for loans of $417,001 to $729,750 30-year fixed 6.88%/1.14 pt 6.84%/1.60 pt 6.79%/1.18 pt 30-year ARM start rate 5.54%/0.78 pt 4.94%/0.97 pt 4.40%/1.10 pt 15-year fixed 6.49%/1.06 pt 6.58%/1.48 pt 6.45%/1.18 pt FHA or VA mortgage 6.43%/1.83 pt 6.42%/1.90 pt 6.67%/2.22 pt average CALVET 30-year 6.10%/0.00 pt 6.10%/0.00 pt 6.10%/0.00 pt 6-month LIBOR 2.720% 2.680% 5.130% 1-year Treasury bill 1.670% 1.630% 4.140% 6-month Treasury bill 1.520% 1.520% 4.210% 6-month CD 2.850% 2.720% 5.040% Prime rate 5.250% 5.250% 7.750% 11th Dist. cost-of-funds Feb. ’08 Jan. ’08 Aug. ’07 -- 3.560% 3.970% 4.359% *--*