Average Mortgage Rates and Indexes

Compiled by National Financial News Services

*--* Latest week One week previous Six months previous Rates for loans up to $333,700 30-year fixed 5.98%/1.50 pt. 6.03%/1.54 pt. 5.38%/2.04 pt. 30-year ARM 3.08%/0.68 pt. 3.03%/0.70 pt. 2.77%/1.27 pt. start rate 15-year fixed 5.34%/1.48 pt. 5.36%/1.54 pt. 4.69%/1.91 pt. Rates for loans over $333,700 30-year fixed 6.28%/1.15 pt. 6.30%/1.18 pt. 5.78%/1.87 pt. 30-year ARM 3.10%/0.68 pt. 3.12%/0.63 pt. 2.88%/1.12 pt. start rate 15-year fixed 5.68%/1.19 pt. 5.65%/1.29 pt. 5.07%/2.02 pt. FHA or VA 6.03%/0.72 pt. 6.03%/0.72 pt. 5.97%/1.09 pt. mortgage Average / points CALVET 30-year 5.25%/0.00 pt. 5.25%/0.00 pt. 4.99%/0.00 pt. 6-month LIBOR 1.590% 1.530% 1.230% 1-year 1.830% 1.830% 1.300% Treasury bill 6-month 1.370% 1.340% 1.030% Treasury bill 6-month CD 1.500% 1.480% 1.160% Prime rate 4.000% 4.000% 4.000% 11th District March ’04 Feb. ’04 Sept. ’03 cost-of-funds 1.815% 1.841% 1.923%

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