Average Mortgage Rates and Indexes

Weekly survey of 60 Southland lenders as of Jan. 9, 2008

Compiled by National Financial News Services

*--* -- Latest week Previous week Six months previous Rates for loans up to $417,000 30-year fixed 5.76%/1.44 pt 5.92%/1.42 pt 6.22%/1.50 pt 30-year ARM start 4.72%/0.72 pt 4.90%/0.72 pt 3.53%/0.91 pt rate 15-year fixed 5.38%/1.27 pt 5.51%/1.33 pt 5.88%/1.63 pt -- Rates for loans of $417,001 and above 30-year fixed 6.73%/1.21 pt 6.89%/1.17 pt 6.50%/1.59 pt 30-year ARM 5.22%/0.82 pt 5.24%/0.83 pt 3.59%/1.03 pt start rate 15-year fixed 6.44%/1.16 pt 6.42%/1.21 pt 6.19%/1.47 pt FHA or VA 6.59%/2.06 pt 6.62%/2.12 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 4.600% 4.720% 5.380% 1-year Treasury bill 3.180% 3.420% 4.990% 6-mo. Treasury bill 3.330% 3.510% 5.020% 6-month CD 4.520% 4.740% 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% *--*