| ADJUSTABLE-RATE MORTAGE SPREADS | ||||
| ARM Type | Index Value |
Effective Margin |
OAS | ZVO |
| GNMA | ||||
| 09/01/04 | 2.03 | 110.0 | 102.0 | 103.0 |
| Previous Week | 1.98 | 115.0 | 96.0 | 97.0 |
| Conventional | ||||
| 09/01/04 | 2.03 | 138.0 | 162.0 | 164.0 |
| Previous Week | 1.98 | 141.0 | 155.0 | 158.0 |
| Conventional | ||||
| 09/01/04 | 1.758 | 129.0 | 93.0 | 114.0 |
| Previous Week | 1.758 | 130.0 | 93.0 | 113.0 |
| Source: Capital Management Sciences | ||||
Adjustable-Rate Mortgage Spreads
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