Average mortgage rates and indexes

Weekly survey of 60 Southland lenders as of May 2, 2007

Rates for loans up to $416,999

*--* Latest week One week previous Six months previous 30-year fixed 5.92%/1.29 pt 5.88%/1.35 pt 5.86%/1.55 pt 30-year ARM start 3.51%/0.88 pt 3.51%/0.89 pt 3.09%/0.94 pt rate 15-year fixed 5.61%/1.32 pt 5.56%/1.42 pt 5.65%/1.48 pt

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Rates for loans of $417,000 and above

*--* Latest week One week previous Six months previous 30-year fixed 6.18%/1.46 pt 6.22%/1.43 pt 6.22%/1.49 pt 30-year ARM 3.54%/1.08 pt 3.54%/1.08 pt 3.29%/0.98 pt start rate 15-year fixed 5.90%/1.40 pt 5.94%/1.39 pt 5.96%/1.39 pt FHA or VA 6.66%/1.88 pt 6.66%/1.88 pt 6.61%/1.40 pt mortgage Average / points CALVET 30-year 6.10%/0.00 pt 6.10%/0.00 pt 6.50%/0.00 pt 6-month LIBOR 5.350% 5.370% 5.430% 1-year 4.900% 4.930% 5.070% Treasury bill 6-month 5.030% 5.060% 5.180% Treasury bill 6-month CD 5.310% 5.310% 5.360% Prime rate 8.250% 8.250% 8.250%

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11th District cost-of-funds

*--* March ’07 Feb. ’07 Sept. ’06 4.299% 4.376% 4.382%

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Compiled by National Financial News Services