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	Mortgage Indexes Indexes Daily Indexes Constant Maturity Treasury CMT 12-Month Treasury Average MTA 11th District Cost of Funds Index COFI Certificate of Deposit Index. CODI Cost of Savings Index COSI London Inter Bank Offering Rates LIBOR Prime Rate Fed. Funds Rates Discount Rate Prime Rate The Prime Rate is the interest rate charged by banks for short-term loans to their most creditworthy customers whose credit standing is so high that little risk to the lender is involved. Only a small percentage of customers qualify for the prime rate, which tends to be the lowest going interest rate and thus serves as a basis for other, higher risk loans The rate is almost always the same amongst major banks. Adjustments to the prime rate are made by banks at the same time; although, the prime rate does not adjust on any regular basis. The prime rate is not very volatile index however it generally rises quickly but declines very slowly.         Prime Rate   1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Jan 6.00% 8.50% 8.50% 8.25% 8.50% 7.75% 8.50% 9.50% 4.75% 4.25% 4.00% 5.25% 7.50% 8.25% Feb 6.00% 9.00% 8.25% 8.25% 8.50% 7.75% 8.50% 8.50% 4.75% 4.25% 4.00% 5.50% 7.50% 8.25% Mar 6.00% 9.00% 8.25% 8.25% 8.50% 7.75% 8.75% 8.50% 4.75% 4.25% 4.00% 5.75% 7.75% 8.25% Apr 6.25% 9.00% 8.25% 8.50% 8.50% 7.75% 9.00% 8.00% 4.75% 4.25% 4.00% 5.75% 7.75% 8.25% May 6.75% 9.00% 8.25% 8.50% 8.50% 7.75% 9.00% 7.50% 4.75% 4.25% 4.00% 6.00% 8.00% 8.25% Jun 7.25% 9.00% 8.25% 8.50% 8.50% 7.75% 9.50% 7.00% 4.75% 4.25% 4.00% 6.25% 8.00% 8.25% Jul 7.25% 9.00% 8.25% 8.50% 8.50% 8.00% 9.50% 6.75% 4.75% 4.00% 4.25% 6.25% 8.25% 8.25% Aug 7.25% 8.75% 8.25% 8.50% 8.50% 8.00% 9.50% 6.75% 4.75% 4.00% 4.50% 6.50% 8.25% 8.25% Sep 7.75% 8.75% 8.25% 8.50% 8.50% 8.25% 9.50% 6.50% 4.75% 4.00% 4.75% 6.75% 8.25% 7.75% Oct 7.75% 8.75% 8.25% 8.50% 8.25% 8.25% 9.50% 6.00% 4.75% 4.00% 4.75% 6.75% 8.25% 7.50% Nov 7.75% 8.75% 8.25% 8.50% 8.00% 8.25% 9.50% 5.50% 4.75% 4.00% 5.00% 7.00% 8.25% 7.50% Dec 8.50% 8.75% 8.25% 8.50% 7.75% 8.50% 9.50% 5.00% 4.25% 4.00% 5.25% 7.25% 8.25% 7.25%