| ADJUSTABLE-RATE MORTAGE SPREADS | ||||
| ARM Type | Index Value |
Effective Margin |
OAS | ZVO |
| GNMA | ||||
| 09/15/04 | 2.1 | 77.0 | 73.0 | 75.0 |
| Previous Week | 2.03 | 110.0 | 102.0 | 103.0 |
| Conventional | ||||
| 09/15/04 | 2.1 | 137.0 | 149.0 | 150.0 |
| Previous Week | 2.03 | 138.0 | 162.0 | 164.0 |
| Conventional | ||||
| 09/15/04 | 1.816 | 125.0 | 71.0 | 91.0 |
| Previous Week | 1.758 | 129.0 | 93.0 | 114.0 |
| Source: Capital Management Sciences | ||||
Adjustable-Rate Mortgage Spreads
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