Average Mortgage Rates and Indexes

Compiled by National Financial News Services

*--* Latest week One week previous Six months previous Rates for loans up to $333,700 30-year fixed 5.65%/1.89 pt. 5.61%/1.82 pt. 5.50%/1.77 pt. 30-year ARM 2.70%/0.78 pt. 2.68%/1.03 pt. 2.82%/0.98 pt. start rate 15-year fixed 4.90%/1.90 pt. 4.89%/1.75 pt. 4.81%/1.81 pt. Rates for loans over $333,700 30-year fixed 5.89%/1.60 pt. 5.76%/1.56 pt. 5.85%/1.68 pt. 30-year ARM 2.81%/0.74 pt. 2.79%/0.99 pt. 2.84%/0.90 pt. start rate 15-year fixed 5.25%/1.60 pt. 5.19%/1.56 pt. 5.17%/1.69 pt. FHA or VA 6.03%/0.72 pt. 6.03%/0.72 pt. 6.06%/1.03 pt. mortgage Average / points CALVET 30-year 5.25%/0.00 pt. 4.99%/0.00 pt. 4.99%/0.00 pt. 6-month LIBOR 1.380% 1.350% 1.230% 1-year 1.550% 1.500% 1.300% Treasury bill 6-month 1.170% 1.150% 1.040% Treasury bill 6-month CD 1.300% 1.220% 1.150% Prime rate 4.000% 4.000% 4.000% 11th District March ’04 Feb. ’04 Sept. ’03 cost-of-funds 1.815% 1.841% 1.923%

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