Average Mortgage Rates and Indexes

Weekly survey of 60 Southland lenders as of Jan. 2, 2008

Compiled by National Financial News Services

*--* -- Latest Previous Six months -- week week previous Rates for loans -- -- -- up to $417,000 -- -- -- -- -- -- -- 30-year fixed 5.92%/1.42 pt 5.98%/1.34 pt 6.24%/1.49 pt 30-year ARM start rate 4.90%/0.72 pt 4.95%/0.74 pt 3.53%/0.89 pt 15-year fixed 5.51%/1.33 pt 5.59%/1.28 pt 5.89%/1.59 pt Rates for loans of -- -- -- $417,001 and above -- -- -- 30-year fixed 6.89%/1.17 pt 6.84%/1.27 pt 6.46%/1.61 pt 30-year ARM start rate 5.24%/0.83 pt 5.24%/0.83 pt 3.59%/1.03 pt 15-year fixed 6.42%/1.21 pt 6.51%/1.22 pt 6.19%/1.47 pt FHA or VA 6.62%/2.12 pt 6.62%/2.13 pt 6.70%/1.98 pt mortgage Average -- -- -- CALVET 30-year 6.10%/0.00 pt 6.10%/0.00 pt 6.10%/0.00 pt 6-month LIBOR 4.720% 4.830% 5.380% 1-year Treasury bill 3.420% 3.280% 4.940% 6-mo.Treasury bill 3.510% 3.350% 4.970% 6-mo. CD 4.740% 4.820% 5.350% Prime rate 7.250% 7.250% 8.250% 11th District Nov. ’07 Oct. ’07 May ’07 cost-of-funds 4.172% 4.233% 4.293% *--*