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Adjustable-Rate Mortgage Spreads

ARM Type Index
Value
Effective
Margin
OAS ZVO
GNMA
03/29/06 4.77 63.0 85.0 83.0
Previous Week 4.76 65.0 90.0 91.0
         
Conventional
03/29/06 4.77 89.0 115.0 114.0
Previous Week 4.76 90.0 120.0 119.0
         
Conventional
03/29/06 3.347 153.0 71.0 25.0
Previous Week 3.347 144.0 45.0 7.0
         
Source: Capital Management Sciences
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