Average Mortgage Rates and Indexes

Weekly Survey of 130 Southland Lenders as of Sept. 24, 1992

Latest One Week Six Months week previous previous Rates for mortgages under $202,300 30-year fixed 7.931% 7.799% 8.949% 30-year ARM start rate 4.734% 4.747% 6.058% 15-year fixed 7.528% 7.415% 8.759% Rates for mortgages over $202,300 30-year fixed 8.306% 8.128% 9.365% 30-year ARM start rate 4.986% 5.078% 6.315% 15-year fixed 8.017% 7.864% 9.199% FHA or VA mortgage average points 1.469 0.313 5.625 CALVET 30-year ARM start rate 8.000% 8.000% 8.000% 11th District cost of funds 5.069% 5.069% 5.800% 6-month LIBOR 3.313% 3.313% 4.560% 1-year treasury bill 3.160% 3.150% 4.640% 6-month treasury bill 3.010% 2.980% 4.430% 6-month certificate of deposit 3.190% 3.100% 4.420% Prime rate 6.000% 6.000% 6.500%