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Adjustable-Rate Mortgage Spreads

ARM Type Index
Value
Effective
Margin
OAS ZVO
GNMA
06/15/05 3.3 78.0 46.0 44.0
Previous Week 3.32 83.0 62.0 58.0
         
Conventional
06/15/05 3.3 127.0 93.0 91.0
Previous Week 3.32 124.0 73.0 97.0
         
Conventional
06/15/05 2.515 164.0 84.0 82.0
Previous Week 2.515 155.0 63.0 71.0
         
Source: Capital Management Sciences
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