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Adjustable-Rate Mortgage Spreads

ARM Type Index
Value
Effective
Margin
OAS ZVO
GNMA
04/27/05 3.28 84.0 85.0 85.0
Previous Week 3.38 77.0 71.0 71.0
         
Conventional
04/27/05 3.28 115.0 143.0 142.0
Previous Week 3.38 109.0 135.0 137.0
         
Conventional
04/27/05 2.317 128.0 38.0 39.0
Previous Week 2.317 131.0 34.0 36.0
         
Source: Capital Management Sciences
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