Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of Feb. 20, 2008

Compiled by National Financial News Services

*--* -- Latest Previous Six months Rates for loans up to week week previous $417,000 30-year fixed 5.78%/1.31 pt. 5.59%/1.31 pt. 6.21%/1.53 pt. 30-year ARM start rate 4.29%/0.85 pt. 4.20%/0.86 pt. 4.29%/0.93 pt. 15-year fixed 5.31%/1.14 pt. 5.09%/1.17 pt. 5.88%/1.55 pt. Rates for loans of $417,001 and above 30-year fixed 6.80%/1.23 pt. 6.65%/1.20 pt. 7.11%/1.52 pt. 30-year ARM start rate 4.66%/0.96 pt. 4.65%/0.97 pt. 4.42%/1.10 pt. 15-year fixed 6.33%/1.34 pt. 6.15%/1.25 pt. 6.72%/1.43 pt. FHA or VA mortgage 6.58%/1.96 pt. 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 2.960% 3.110% 5.400% 1-year Treasury bill 2.040% 2.080% 4.440% 6-month Treasury bill 2.110% 2.140% 4.520% 6-month CD 2.980% 3.010% 5.400% 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% *--*