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Adjustable-Rate Mortgage Spreads

ARM Type Index
Value
Effective
Margin
OAS ZVO
GNMA
07/16/03 1.08 175.0 100.0 99.0
Previous Week 1.07 179.0 110.0 107.0
         
Conventional- 1-Year CMT
07/16/03 1.08 126.0 136.0 135.0
Previous Week 1.07 131.0 142.0 142.0
         
Conventional- Cofi- 11th
07/16/03 2.13 116.0 125.0 235.0
Previous Week 2.13 118.0 133.0 238.0
         
Source: Capital Management Sciences
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