Average mortgage rates and indexes

Weekly survey of 30 lenders in Los Angeles and Orange counties as of July 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 5.97%/1.36 pt 5.99%/1.33 pt 5.85%/1.42 pt 30-year ARM start 4.74%/0.76 pt 4.77%/0.78 pt 4.86%/0.72 pt rate 15-year fixed 5.58%/1.22 pt 5.64%/1.30 pt 5.45%/1.30 pt Rates for loans of $417,001 to $729,750 30-year fixed 7.11%/1.71 pt 7.18%/1.70 pt 6.84%/1.20 pt 30-year ARM start 4.95%/1.05 pt 5.06%/1.05 pt 5.23%/0.83 pt rate 15-year fixed 6.80%/1.51 pt 7.14%/1.63 pt 6.42%/1.19 pt FHA or VA mortgage 6.71%/1.53 pt 6.68%/1.75 pt 6.62%/2.12 pt average CALVET 30-year 6.10%/0.00 pt 6.10%/0.00 pt 6.10%/0.00 pt 6-month LIBOR 3.100% 3.120% 4.600% 1-year Treasury 2.350% 2.460% 3.180% bill 6-month Treasury 2.120% 2.210% 3.330% bill 6-month CD 3.140% 3.150% 4.520% Prime rate 5.000% 5.000% 7.250% 11th Dist. May ’08 April ’08 Dec. ’07 cost-of-funds -- 2.918% 3.111% 4.072% *--*