Average Mortgage Rates and Indexes

Weekly Survey of 130 Southland Lenders as of Oct. 29, 1992

Latest One Week Six Months week previous previous Rates for mortgages under $202,300 30-year fixed 8.207% 8.205% 8.756% 30-year ARM start rate 5.036% 4.926% 5.754% 15-year fixed 7.860% 7.825% 8.515% Rates for mortgages over $202,300 30-year fixed 8.719% 8.699% 9.197% 30-year ARM start rate 5.087% 5.088% 6.023% 15-year fixed 8.403% 8.330% 8.977% FHA or VA mortgage average points 3.063 3.031 4.688 CALVET 30-year ARM start rate 8.000% 8.000% 8.000% 11th District cost of funds 4.805% 4.874% 5.611% 6-month LIBOR 3.625% 3.688% 4.250% 1-year treasury bill 3.500% 3.480% 4.340% 6-month treasury bill 3.320% 3.190% 3.980% 6-month certificate of deposit 3.410% 3.390% 4.070% Prime rate 6.000% 6.000% 6.500%