WEEKLY MORTGAGE RATES

Survey of 30 lenders in L.A. and Orange counties as of Aug. 13

*--* LOANS TO $417,000 latest week previous week six months ago 30-year fixed 6.16%/1.23 pt 6.12%/1.21 pt 5.55%/1.17 pt 30-year ARM start 4.93%/0.79pt 4.91%/0.81pt 4.22%/0.88pt 15-year fixed 5.84%/1.17 pt 5.78%/1.20pt 5.03%/1.22 pt $417,000 TO $729,750 latest week previous week six months ago 30-year fixed 7.39%/1.67 pt 7.34 %/1.63 pt 6.57 %/1.22 pt 30-year ARM start 5.13 %/1.05 pt 5.13 %/1.05 pt 4.77 %/0.94 pt 15-year fixed 6.95 %/1.68 pt 7.00 %/1.55 pt 6.01 %/1.19 pt FHA or VA average 6.79 %/1.43 pt 6.81 %/1.54 pt 6.58 %/1.95 pt CALVET 30-year 6.10 %/0.00 pt 6.10 %/0.00 pt 6.10 %/0.00 pt 6-month LIBOR 3.11 % 3.11 % 3.11 % 1-year Treasury 2.23% 2.300% 2.080% 6-month Treas. Bill 1.950% 1.910% 2.140% 6-month CD 3.110% 3.130% 3.010% Prime rate 5.000% 5.000% 6.000% 11TH DISTRICT Jun. ’08 May ’08 Jan. ’08 COST-OF-FUNDS -- 2.829% 2.918% 3.970% *--*

*--* Compiled by National Financial News Services *--*