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Adjustable-Rate Mortgage Spreads

ARM Type Index
Value
Effective
Margin
OAS ZVO
GNMA
08/06/03 1.22 180.0 103.0 114.0
Previous Week 1.13 183.0 122.0 139.0
         
Conventional- 1-Year CMT
08/06/03 1.22 120.0 130.0 130.0
Previous Week 1.13 118.0 158.0 153.0
         
Conventional- Cofi- 11th
08/06/03 2.113 108.0 86.0 192.0
Previous Week 2.13 116.0 108.0 227.0
         
Source: Capital Management Sciences
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