Weekly survey of 60 Southland lenders as...

Weekly survey of 60 Southland lenders as of April 17, 2003

Compiled by National Financial News Services

*--* Latest week One week previous Six months previous Rates for loans up to $322,700 30-year fixed 5.40%/1.73 pt 5.42%/1.71 pt 5.90%/1.88 pt 30-year ARM 2.99%/0.93 pt 2.98%/0.93 pt 3.37%/0.88 pt start rate 15-year fixed 4.74%/1.70 pt 4.77%/1.63 pt 5.36%/1.67 pt Rates for loans over $322,700 30-year fixed 5.59%/1.60 pt 5.63%/1.73 pt 6.24%/1.68 pt 30-year ARM 3.17%/0.85 pt 3.18%/0.87 pt 3.58%/0.90 pt start rate 15-year fixed 5.02%/1.63 pt 5.07%/1.61 pt 5.69%/1.55 pt FHA or VA 5.97%/0.50 pt 5.97%/0.46 pt 6.34%/0.70 pt mortgage Average / points CALVET 30-year 5.40%/0.00 pt 5.40%/0.00 pt 6.00%/0.00 pt 6-month LIBOR 1.320% 1.260% 1.820% 1-year 1.250% 1.250% 1.590% Treasury bill 6-month 1.160% 1.160% 1.560% Treasury bill 6-month CD 1.260% 1.250% 1.800% Prime rate 4.250% 4.250% 4.750% 11th District Feb. ’03 Jan. ’03 Aug. ’02 cost-of-funds 2.257% 2.308% 2.821%

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