ERROR in ./index.js Module build failed: TypeError: template is not a function

Moved to RHL v4 and got this error. I am a newbie in react and webpack, so you explain how to fix this?
Versions:
"babel": "^6.5.2",
"babel-cli": "^6.9.0",
"babel-core": "^5.8.38",
"babel-loader": "^6.4.1",
"babel-plugin-transform-runtime": "^6.9.0",
"babel-preset-es2015": "^6.9.0",
"babel-preset-react": "^6.5.0",
"babel-preset-stage-0": "^6.5.0",
"webpack": "^1.9.11",

```
ERROR in ./index.js
Module build failed: TypeError: template is not a function
at plugin (/Users/mymac/Work/gowork/react-project/node_modules/react-hot-loader/dist/babel.development.js:27:27)
at Function.memoisePluginContainer (/Users/mymac/Work/gowork/react-project/node_modules/babel-core/lib/transformation/file/plugin-manager.js:77:23)
at PluginManager.add (/Users/mymac/Work/gowork/react-project/node_modules/babel-core/lib/transformation/file/plugin-manager.js:209:30)
at File.buildTransformers (/Users/mymac/Work/gowork/react-project/node_modules/babel-core/lib/transformation/file/index.js:237:21)
at new File (/Users/mymac/Work/gowork/react-project/node_modules/babel-core/lib/transformation/file/index.js:139:10)
at Pipeline.transform (/Users/mymac/Work/gowork/react-project/node_modules/babel-core/lib/transformation/pipeline.js:164:16)
at transpile (/Users/mymac/Work/gowork/react-project/node_modules/babel-loader/lib/index.js:46:20)
at Object.module.exports (/Users/mymac/Work/gowork/react-project/node_modules/babel-loader/lib/index.js:163:20)
@ multi main
webpack: Failed to compile.
```
Here is my webpack code
```
var path = require('path');
var webpack = require('webpack');
const BundleAnalyzerPlugin = require('webpack-bundle-analyzer').BundleAnalyzerPlugin;

module.exports = {
devtool: 'cheap-module-eval-source-map',
entry: [
'webpack-dev-server/client?http://localhost:5050',
'webpack/hot/only-dev-server',
// 'react-hot-loader/patch',
'./index'
],
output: {
path: path.join(__dirname, 'dist'),
filename: 'bundle.js',
publicPath: '/static/'
},
resolve: {
extensions: ['', '.js', '.jsx', '.css'],
alias: { 'react/lib/ReactMount': 'react-dom/lib/ReactMount' }
},
plugins: [
new webpack.HotModuleReplacementPlugin(),
new webpack.NoErrorsPlugin(),
// new BundleAnalyzerPlugin()
],
module: {
loaders: [{
test: /\.js$/,
loaders: ['babel-loader'],
// loaders: ['react-hot-loader/webpack', 'babel-loader'],
exclude: /node_modules/,
include: __dirname
},
{
test: /\.css$/,
loaders: [
'style', 'css',
],
}]
}
};
```
Error happens when I add `"plugins": ["react-hot-loader/babel"]` to babelrc