| ADJUSTABLE-RATE MORTAGE SPREADS | ||||
| ARM Type | Index Value |
Effective Margin |
OAS | ZVO |
| GNMA | ||||
| 10/29/03 | 1.3 | 157.0 | 100.0 | 113.0 |
| Previous Week | 1.29 | 160.0 | 99.0 | 110.0 |
| Conventional- 1-Year CMT | ||||
| 10/29/03 | 1.3 | 99.0 | 133.0 | 133.0 |
| Previous Week | 1.29 | 105.0 | 132.0 | 132.0 |
| Conventional- Cofi- 11th | ||||
| 10/29/03 | 1.946 | 99.0 | 92.0 | 189.0 |
| Previous Week | 1.946 | 101.0 | 94.0 | 188.0 |
| Source: Capital Management Sciences | ||||
Adjustable-Rate Mortgage Spreads
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