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Adjustable-Rate Mortgage Spreads

ARM Type Index
Value
Effective
Margin
OAS ZVO
GNMA
09/29/04 2.14 123.0 109.0 110.0
Previous Week 2.09 111.0 102.0 103.0
         
Conventional
09/29/04 2.14 142.0 148.0 171.0
Previous Week 2.09 136.0 160.0 161.0
         
Conventional
09/29/04 1.816 149.0 87.0 91.0
Previous Week 1.816 130.0 96.0 111.0
         
Source: Capital Management Sciences
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