Average Mortgage Rates and Indexes

Compiled by National Financial News Services

*--* Latest week One week previous Six months previous Rates for loans up to $322,700 30-year fixed 5.83%/1.83 pt 5.93%/2.08 pt 5.50%/1.40 pt 30-year ARM 2.73%/1.12 pt 2.73%/1.09 pt 2.95%/0.98 pt start rate 15-year fixed 5.14%/1.78 pt 5.23%/2.03 pt 4.90%/1.33 pt Rates for loans over $322,700 30-year fixed 6.16%/1.41 pt 6.28%/1.75 pt 5.73%/1.51 pt 30-year ARM 2.90%/0.95 pt 2.90%/0.95 pt 3.04%/0.80 pt start rate 15-year fixed 5.54%/1.47 pt 5.56%/1.63 pt 5.22%/1.36 pt FHA or VA 6.34%/0.65 pt 6.44%/0.56 pt 6.04%/0.66 pt mortgage Average / points CALVET 30-year 4.50%/0.00 pt 4.50%/0.00 pt 5.40%/0.00 pt 6-month LIBOR 1.200% 1.190% 1.340% 1-year 1.330% 1.290% 1.300% Treasury bill 6-month 1.050% 1.050% 1.190% Treasury bill 6-month CD 1.130% 1.130% 1.270% Prime rate 4.000% 4.000% 4.250% 11th District June ’03 May ’03 Dec. ’02 cost-of-funds 2.113% 2.130% 2.375%

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