Average mortgage rates and indexes

Weekly survey of 30 lenders in Los Angeles and Orange counties as of July 16, 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%/1.25 pt 5.97%/1.36 pt 5.74%/1.44 pt 30-year ARM start 4.73%/0.78 pt 4.74%/0.76 pt 4.66%/0.72 pt rate 15-year fixed 5.59%/1.17 pt 5.58%/1.22 pt 5.35%/1.27 pt Rates for loans of $417,001 to $729,750 30-year fixed 7.16%/1.56 pt 7.11%/1.71 pt 6.70%/1.21 pt 30-year ARM start 5.01%/1.05 pt 4.95%/1.05 pt 5.16%/0.82 pt rate 15-year fixed 6.83%/1.41 pt 6.80%/1.51 pt 6.42%/1.16 pt FHA or VA mortgage 6.71%/1.53 pt 6.71%/1.53 pt 6.59%/2.06 pt average CALVET 30-year 6.10%/0.00 pt 6.10%/0.00 pt 6.10%/0.00 pt 6-month LIBOR 2.05% 3.10% 4.33% 1-year Treasury 2.25% 2.35% 3.04% bill 6-month Treasury 2.05% 2.12% 3.21% bill 6-month CD 3.10% 3.14% 4.15% Prime rate 5.00% 5.00% 7.25% 11th Dist. May ’08 April ’08 Dec. ’07 cost-of-funds -- 2.918% 3.111% 4.072% *--*