Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of April 18, 2007

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*--* Latest week One week Six months previous previous Rates for loans up to $416,999 30-year fixed 5.88%/1.36 pt 5.88%/1.43 pt 6.00%/1.44 pt 30-year ARM start rate 3.51%/0.88 pt 3.51%/0.89 pt 3.01%/0.77 pt 15-year fixed 5.56%/1.47 pt 5.54%/1.52 pt 5.71%/1.44 pt Rates for loans of $417,000 and above 30-year fixed 6.24%/1.40 pt 6.22%/1.44 pt 6.31%/1.39 pt 30-year ARM start rate 3.54%/1.08 pt 3.54%/1.08 pt 3.19%/1.17 pt 15-year fixed 5.94%/1.43 pt 5.93%/1.43 pt 5.99%/1.39 pt FHA or VA mortgage Average / points 6.66%/1.88 pt 6.59%/1.82 pt 6.59%/1.48 pt CALVET 30-year 6.10%/0.00 pt 6.10%/0.00 pt 6.50%/0.00 pt 6-month LIBOR 5.360% 5.330% 5.390% 1-year Treasury bill 4.970% 4.940% 5.030% 6-month Treasury bill 5.100% 5.090% 5.120% 6-month CD 5.320% 5.300% 5.340% Prime rate 8.250% 8.250% 8.250% 11th District cost-of-funds Feb. ’07 Jan. ’07 Aug. ’06 4.376% 4.392% 4.277%

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Compiled by National Financial News Services