| ADJUSTABLE-RATE MORTAGE SPREADS | ||||
| ARM Type | Index Value |
Effective Margin |
OAS | ZVO |
| GNMA | ||||
| 08/18/04 | 1.99 | 128.0 | 116.0 | 121.0 |
| Previous Week | 2.07 | 127.0 | 107.0 | 111.0 |
| Conventional | ||||
| 08/18/04 | 1.99 | 142.0 | 166.0 | 167.0 |
| Previous Week | 2.07 | 140.0 | 168.0 | 171.0 |
| Conventional | ||||
| 08/18/04 | 1.758 | 133.0 | 98.0 | 124.0 |
| Previous Week | 1.758 | 128.0 | 71.0 | 97.0 |
| Source: Capital Management Sciences | ||||
Adjustable-Rate Mortgage Spreads
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