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REAL ESTATE

Average mortgage rates and indexes

February 24, 2008 in print edition K-7

Weekly survey of 60 Southland lenders as of Feb. 20, 2008
Latest week		Previous week	Six months previous
Rates for loans up to $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 average	6.58%/1.96 pt.	6.58%/1.95 pt.	6.68%/1.93 pt.
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. cost-of-funds	Dec. ‘07	Nov. ‘07	June ‘07
	4.072%	4.172%	4.283%
Compiled by National Financial News Services