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Adjustable-Rate Mortgage Spreads

ARM Type Index
Value
Effective
Margin
OAS ZVO
GNMA
01/28/04 1.2 193.0 111.0 111.0
Previous Week 1.19 194.0 124.0 136.0
         
Conventional- 1-Year CMT
01/28/04 1.2 116.0 119.0 121.0
Previous Week 1.19 120.0 128.0 130.0
         
Conventional- Cofi- 11th
01/28/04 1.821 109.0 78.0 164.0
Previous Week 1.821 112.0 85.0 174.0
         
Source: Capital Management Sciences
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