Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of Feb. 27, 2008

Compiled by National Financial News Services

*--* -- Latest week Previous week Six months previous Rates for loans up to $417,000 30-year fixed 5.82%/1.36 pt 5.78%/1.31 pt 6.11%/1.59 pt 30-year ARM start 4.34%/0.82 pt 4.29%/0.85 pt 4.31%/0.94 pt rate 15-year fixed 5.35%/1.19 pt 5.31%/1.14 pt 5.78%/1.54 pt Rates for loans of $417,001 and above 30-year fixed 6.82%/1.23 pt 6.80%/1.23 pt 7.24%/1.52 pt 30-year ARM start 4.70%/0.98 pt 4.66%/0.96 pt 4.42%/1.10 pt rate 15-year fixed 6.31%/1.33 pt 6.33%/1.34 pt 6.61%/1.40 pt FHA or VA mortgage 6.59%/1.95 pt 6.58%/1.96 pt 6.67%/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 2.980% 2.960% 5.330% 1-year Treasury 2.100% 2.040% 4.160% bill 6-month Treasury 2.140% 2.110% 4.170% bill 6-month CD 3.000% 2.980% 5.380% Prime rate 6.000% 6.000% 8.250%

11th District cost-of-fundsDec. ’07 -- 4.072% 4.172% 4.283% *--*