|
MARKET UPDATE Average
Mortgage Rates and Indexes
Weekly
survey of 60 Southland lenders as of October 24, 2007
Latest
week
One week
previous
Six months previous
Rates
for loans up to $417,000
30 year
fixed 5.99%/1.45
pt 6.08%/1.52
pt
5.88%/1.34 pt
30 year
ARM 4.10%/0.95 pt
4.15%/1.02
pt
3.51%/0.86 pt
15 year
fixed 5.64%/1.42
pt 5.76%/1.47
pt
5.56%/1.44 pt
Rates
for loans of $417,001 and above
30 year
fixed 6.58%/1.33
pt 6.85%/1.22
pt
6.22%/1.40 pt
30 year
ARM 4.42%/1.06 pt
4.40%/1.10
pt
3.54%/1.08 pt
15 year
fixed 6.28%/1.22
pt 6.67%/1.19
pt
5.94%/1.38 pt
FHA or VA
mortgage
Average /
points 6.67%/2.22 pt 6.67%/2.22
pt
6.66%/1.88 pt
Calvet
30 year 6.10%/0.00 pt 6.10%/0.00
pt 6.10%/0.00
pt
6 month
Libor
5.130%
5.210%
5.370%
1 year
Treasury
4.140%
4.240%
4.930%
6 month
Treasury
4.210%
4.280%
5.060%
6 month
CD
5.040%
5.190%
5.310%
Prime
rate
7.750%
7.750%
8.250%
11th
District August
07 July
07
Feb 07
cost of
funds
4.359%
4.277%
4.376%
|
| *reprint Los Angeles Times Real Estate 10/28/07 |
| Watch
for current updates.....
For lender rates and terms, loan updates, current trends, contact Dottie or Joe at Northeast Financial 323-256-7833 |
