Average Mortgage Rates and Indexes

Weekly survey of 60 Southland lenders as of Jan. 30, 2008

Compiled by National Financial News Services

*--* -- Latest week Previous Six months Rates for loans up to week previous $417,000 30-year fixed 5.63%/1.22 pt 5.62%/1.12 pt 6.22%/1.58 pt 30-year ARM start rate 4.52%/0.88 pt 4.45%/0.74 pt 3.59%/0.80 pt 15-year fixed 5.15%/1.17 pt 5.21%/1.07 pt 5.89%/1.52 pt Rates for loans of $417,001 and above 30-year fixed 6.69%/1.23 pt 6.56%/1.18 pt 6.51%/1.54 pt 30-year ARM start rate 5.08%/1.43 pt 5.04%/0.94 pt 3.65%/1.00 pt 15-year fixed 6.19%/1.91 pt 6.14%/1.17 pt 6.22%/1.41 pt FHA or VA mortgage 6.58%/1.95 pt 6.54%/1.99 pt 6.67%/1.93 pt average CALVET 30-year 6.10%/0.00 pt 6.10%/0.00 pt 6.10%/0.00 pt 6-month LIBOR 3.490% 3.830% 5.370% 1-year Treasury bill 2.310% 2.830% 4.910% 6-month Treasury bill 2.390% 3.010% 5.030% 6-month CD 3.170% 3.730% 5.330% Prime rate 6.000% 6.500% 8.250% 11th Dist. cost-of-funds Nov. ’07 Oct. ’07 May ’07 -- 4.172% 4.233% 4.293% *--*