Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of July 26, 2006

Compiled by National Financial News Services

*--* Latest week One week Six months previous previous Rates for loans up to $416,999 30-year fixed 6.36%/1.42 pt 6.43%/1.42 pt 5.68%/1.60 pt 30-year ARM 3.20%/0.67 pt 3.20%/0.72 pt 3.06%/0.45 pt start rate 15-year fixed 6.01%/1.41 pt 6.13%/1.41 pt 5.29%/1.43 pt Rates for loans of $417,000 and above 30-year fixed 6.65%/1.31 pt 6.72%/1.40 pt 6.01%/1.38 pt 30-year ARM 3.23%/1.09 pt 3.23%/1.09 pt 3.17%/0.39 pt start rate 15-year fixed 6.29%/1.33 pt 6.38%/1.38 pt 5.64%/1.38 pt FHA or VA mortgage 6.61%/1.30 pt 6.61%/1.30 pt 6.20%/0.59 pt Average / points CALVET 30-year 6.50%/0.00 pt 6.50%/0.00 pt 5.50%/0.00 pt 6-month LIBOR 5.580% 5.610% 4.720% 1-yr. Treasury bill 5.220% 5.240% 4.430% 6-mo. Treasury bill 5.280% 5.290% 4.470% 6-month CD 5.550% 5.560% 4.680% Prime rate 8.250% 8.250% 7.250% 11th District May ’06 April ’06 Nov. ’05 cost-of-funds 3.884% 3.759% 3.190%

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