Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of Feb. 13, 2008

Compiled by National Financial News Services

*--* -- This week Last week Six months previous Rates for loans up to $417,000 30-year fixed 5.59%/1.31 pt 5.51%/1.17 pt 6.15%/1.61 pt 30-year ARM start 4.20%/0.86 pt 4.24%/0.88 pt 4.24%/0.93 pt rate 15-year fixed 5.09%/1.17 pt 5.00%/1.20 pt 5.82%/1.53 pt Rates for loans of $417,001 and above 30-year fixed 6.65%/1.20 pt 6.53%/1.20 pt 6.83%/1.42 pt 30-year ARM start 4.65%/0.97 pt 4.77%/0.94 pt 4.42%/1.09 pt rate 15-year fixed 6.15%/1.25 pt 5.98%/1.19 pt 6.51%/1.35 pt FHA or VA mortgage 6.58%/1.95pt 6.58%/1.95 pt 6.68%/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 3.110% 3.180% 5.280% 1-year Treasury 2.080% 2.230% 4.780% bill 6-month Treasury 2.140% 2.250% 4.910% bill 6-month CD 3.010% 3.060% 5.350% Prime rate 6.000% 6.000% 8.250% 11th Dist. Dec. ’07 Nov. ’07 June ’07 cost-of-funds -- 4.072% 4.172% 4.283% *--*