Printer Friendly

FANNIE MAE REPORTS POSTED YIELDS FOR APRIL 2

 WASHINGTON, April 5 /PRNewswire/ -- The Federal National Mortgage Association (Fannie Mae)(NYSE: FNM) today reported its posted yields for April 2, 1993. All Fannie Mae yields are quoted on a net basis. Servicing fees are not included.
 Fixed-rate Mortgage Yields
 (30-day mandatory delivery for actual/actual
 remittances)
 Week Year
 Conventional Current Ago Ago
 15-year FRM 6.820 6.84 8.21
 30-year FRM 7.360 7.42 8.68
 FHA/VA (30-year FRM) 7.610 7.67 8.93
 10-, 60- and 90-day yields are also available.
 Second Mortgages 6.820 6.84 8.26
 Adjustable-rate Mortgage (30-year term) Yields
 Adjustment Interest Rate
 Period Caps Week Year Net
 (year) Per Adj. Lifetime Current Ago Ago Margin
 1 1 pct. 6 pct. 5.750 5.80 6.85 2.000 pct.
 1(FHA) 1 pct. 5 pct. 6.000 6.05 7.10 1.750 pct.
 1(A) 2 pct. 6 pct. 4.650 4.70 5.75 2.250 pct.
 6 mos(A) 1 pct. 5 pct. 4.850 4.90 5.90 2.125 pct.
 (COF)(B)
 (A)Rate reduction
 (B)11th District Cost of Funds indexed ARM.
 Lower yields are available for 15-year term ARMs.
 LIBOR Index Series
 Release Date 1-month 3-month 6-month 12-month
 Feb. 25, 1993 3.203 3.219 3.328 3.578
 Jan. 28, 1993 3.203 3.313 3.438 3.750
 Commitment and Purchase Volumes ($Millions)
 Week Previous
 Ending Year to Year to
 4/02/93 Date Date
 Commitments to Purchase(A) 1,710.2 16,011.9 21,478.3
 Purchases 1,174.7 14,227.7 17,967.7
 MBS Issued 3,126.3 41,972.4 41,940.9
 (A) Excludes standby commitments issued, but includes standbys converted.
 -0- 4/5/93
 /CONTACT: Polly Shannon of Fannie Mae, 202-752-6707/
 (FNM)


CO: Federal National Mortgage Association ST: District of ColumbiaIN: FIN SU:

DS-MH -- DC016 -- 3153 04/05/93 15:46 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 5, 1993
Words:320
Previous Article:EPA FINES SHELBY CONCRETE INC. OF ALABASTER, ALA., $2,500 FOR WETLANDS VIOLATIONS
Next Article:SPRINT TO REDEEM SELECTED DEBENTURES
Topics:


Related Articles
FANNIE MAE REPORTS POSTED YIELDS
FANNIE MAE REPORTS POSTED YIELDS
FANNIE MAE REPORTS POSTED YIELDS
FANNIE MAE REPORTS POSTED YIELDS
FANNIE MAE REPORTS POSTED YIELDS
FANNIE MAE ANNOUNCES POSTED YIELDS
FANNIE MAE REPORTS POSTED YIELDS
FANNIE MAE REPORTS POSTED YIELDS
FANNIE MAE REPORTS POSTED YIELDS
FANNIE MAE REPORTS POSTED YIELDS FOR DECEMBER 1, 1995

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters