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Adjustable-Rate Mortgage Spreads

ARM Type Index
Value
Effective
Margin
OAS ZVO
GNMA
08/03/05 3.68 75.0 45.0 42.0
Previous Week 3.68 70.0 74.0 74.0
         
Conventional
08/03/05 3.68 96.0 60.0 60.0
Previous Week 3.68 87.0 107.0 107.0
         
Conventional
08/03/05 2.676 129.0 23.0 8.0
Previous Week 2.622 135.0 43.0 27.0
         
Source: Capital Management Sciences
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