Average Mortgage Rates and Indexes

Weekly Survey of 130 Southland Lenders as of Nov. 19, 1992

Latest One Week Six Months week previous previous Rates for mortgages under $202,300 30-year fixed 8.201% 8.256% 8.500% 30-year ARM start rate 5.215% 5.099% 5.702% 15-year fixed 7.907% 7.933% 8.214% Rates for mortgages over $202,300 30-year fixed 8.781% 8.791% 8.874% 30-year ARM start rate 5.336% 5.211% 5.844% 15-year fixed 8.538% 8.515% 8.592% FHA or VA mortgage average points 2.688 3.031 3.438 CALVET 30-year ARM start rate 8.000% 8.000% 8.000% 11th District cost of funds 4.805% 4.805% 5.611% 6-month LIBOR 3.938% 3.875% 4.130% 1-year treasury bill 3.730% 3.640% 4.120% 6-month treasury bill 3.480% 3.410% 3.830% 6-month certificate of deposit 3.690% 3.530% 3.900% Prime rate 6.000% 6.000% 6.500%

Compiled by Mortgage News Co., Santa Ana