Average mortgage rates and indexes

Weekly survey of 30 lenders in Los Angeles and Orange counties as of June 4, 2008

Compiled by National Financial News Services

*--* Latest week Previous week Six months previous Rates for loans up to $417,000 30-year fixed 5.87%/1.30 pt 5.85%/1.32 pt 5.93%/1.36 pt 30-year ARM start 4.66%/0.71 pt 4.66%/0.70 pt 4.83%/0.90 pt rate 15-year fixed 5.46%/1.25 pt 5.45%/1.26 pt 5.58%/1.18 pt Rates for loans of $417,001 to $729,750 30-year fixed 7.08%/1.61 pt 7.05%/1.67 pt 6.69%/1.18 pt 30-year ARM start 4.90%/0.97 pt 4.90%/0.97 pt 5.16%/1.01 pt rate 15-year fixed 6.77%/1.52 pt 6.77%/1.54 pt 6.32%/1.19 pt FHA or VA mortgage 6.54%/1.77 pt 6.41%/1.88 pt 6.64%/2.13 pt average CALVET 30-year 6.10%/0.00 pt 6.10%/0.00 pt 6.10%/0.00 pt 6-month LIBOR 2.910% 2.850% 4.860% 1-year Treasury 2.160% 2.090% 3.250% bill 6-month Treasury 1.970% 1.920% 3.350% bill 6-month CD 2.900% 2.800% 4.930% Prime rate 5.000% 5.000% 7.500% 11th Dist. April ’08 March ’08 Nov. ’07 cost-of-funds -- 3.111% 3.280% 4.172% *--*