Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of March 12, 2008

Compiled by National Financial News Services

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-- Latest week Previous week Six months previous Rates for conforming loans 30-year fixed 5.95%/1.34 pt 5.77%/1.42 pt 6.03%/1.51 pt 30-year ARM start rate 4.91%/0.79 pt 4.30%/0.87 pt 4.31%/0.83 pt 15-year fixed 5.48%/1.21 pt 5.25%/1.24 pt 5.69%/1.46 pt Rates for jumbo loans 30-year fixed 7.18%/1.47 pt 6.92%/1.16 pt 7.23%/1.34 pt 30-year ARM start rate 5.12%/1.00 pt 4.66%/0.95 pt 4.42%/1.10 pt 15-year fixed 6.85%/1.65 pt 6.45%/1.26 pt 7.08%/1.29 pt FHA or VA mortgage 6.65%/1.94 pt 6.59%/1.95 pt 6.67%/1.93 pt average CALVET 30-year 6.10%/0.00 pt 6.10%/0.00pt 6.10%/0.00 pt 6-month LIBOR 2.88% 3.06% 5.56% 1-year Treasury bill 1.66% 1.98% 4.27% 6-month Treasury bill 1.70% 2.00% 4.39% 6-month CD 2.82% 2.99% 5.54% Prime rate 6.00% 6.00% 8.25% 11th Dist. Jan. ’08 Dec. ’07 July ’07 cost-of-funds 3.970% 4.072% 4.277% *--*