Average Mortgage Rates and Indexes

Weekly Survey of 130 Southland Lenders as of Sept. 17, 1992

*Rates for mortgages under $202,300

Latest One Week Six Months week previous previous 30-year fixed 7.799% 7.725% 8.966% 30-year ARM start rate 4.747% 4.741% 6.009% 15-year fixed 7.415% 7.324% 8.782%

*Rates for mortgages over $202,300

Latest One Week Six Months week previous previous 30-year fixed 8.128% 8.032% 9.398% 30-year ARM start rate 5.078% 5.097% 6.332% 15-year fixed 7.864% 7.755% 9.222% FHA or VA mortgage average points 0.313 0.034 5.813 CALVET 30-year ARM start rate 8.000% 8.000% 8.000% 11th District cost of funds 5.069% 5.069% 6.002% 6-month LIBOR 3.313% 3.188% 4.560% 1-year treasury bill 3.150% 3.170% 4.730% 6-month treasury bill 2.980% 3.040% 4.430% 6-month certificate of deposit 3.100% 3.110% 4.500% Prime rate 6.000% 6.000% 6.500%

Compiled by Mortgage News Co., Santa Ana