| ADJUSTABLE-RATE MORTAGE SPREADS | ||||
| ARM Type | Index Value |
Effective Margin |
OAS | ZVO |
| GNMA | ||||
| 03/24/04 | 1.18 | 181.0 | 122.0 | 121.0 |
| Previous Week | 1.23 | 184.0 | 127.0 | 127.0 |
| Conventional- 1-Year CMT | ||||
| 03/24/04 | 1.18 | 138.0 | 147.0 | 149.0 |
| Previous Week | 1.23 | 123.0 | 139.0 | 141.0 |
| Conventional- Cofi- 11th | ||||
| 03/24/04 | 1.811 | 111.0 | 94.0 | 178.0 |
| Previous Week | 1.811 | 114.0 | 94.0 | 177.0 |
| Source: Capital Management Sciences | ||||
Adjustable-Rate Mortgage Spreads
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