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Adjustable-Rate Mortgage Spreads

ARM Type Index
Value
Effective
Margin
OAS ZVO
GNMA
06/11/03 1.08 162.0 113.0 121.0
Previous Week 1.13 159.0 121.0 117.0
         
Conventional- 1-Year CMT
06/11/03 1.08 162.0 175.0 177.0
Previous Week 1.13 163.0 172.0 174.0
         
Conventional- Cofi- 11th
06/11/03 2.208 115.0 147.0 249.0
Previous Week 2.208 117.0 146.0 242.0
         
Source: Capital Management Sciences
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