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Adjustable-Rate Mortgage Spreads

ARM Type Index
Value
Effective
Margin
OAS ZVO
GNMA
05/31/06 4.99 56.0 80.0 82.0
Previous Week 4.98 57.0 84.0 85.0
         
Conventional
05/31/06 4.99 88.0 120.0 119.0
Previous Week 4.98 89.0 123.0 122.0
         
Conventional
05/31/06 3.624 143.0 43.0 13.0
Previous Week 3.624 144.0 46.0 17.0
         
Source: Capital Management Sciences
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