Average Mortgage Rates and Indexes

*--* Weekly survey of 60 Southland lenders as of Nov. 14, 2007 This week Last week Six months previous Rates for loans up to $417,000 30-year fixed 5.98%/1.46 pt 5.98%/1.51 pt 5.89%/1.40 pt 30-year ARM start 4.87%/0.99 pt 4.37%/1.00 pt 3.43%/0.77 pt rate 15-year fixed 5.68%/1.26 pt 5.64%/1.36 pt 5.56%/1.46 pt Rates for loans of $417,001 and above 30-year fixed 6.63%/1.17 pt 6.54%/1.23 pt 6.15%/1.50 pt 30-year ARM start 5.15%/1.06 pt 4.62%/1.07 pt 3.46%/0.83 pt rate 15-year fixed 6.31%/1.11 pt 6.20%/1.21 pt 5.89%/1.43 pt FHA or VA mortgage 6.65%/2.14 pt 6.67%/2.16 pt 6.66%/1.88 pt Average / points CALVET 30-year 6.10%/0.00 pt 6.10%/0.00 pt 6.10%/0.00 pt 6-month LIBOR 4.850% 4.820% 5.360% 1-year Treasury 3.720% 3.930% 4.890% bill 6-month Treasury 3.780% 4.000% 4.980% bill 6-month CD 4.820% 4.750% 5.310% Prime rate 7.500% 7.500% 8.250% 11th District Sept. ’07 Aug. ’07 March ’07 cost-of-funds 4.383% 4.359% 4.299% Compiled by National Financial News Services *--*