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FANNIE MAE REPORTS POSTED YIELDS

 FANNIE MAE REPORTS POSTED YIELDS
 WASHINGTON, Jan. 27 /PRNewswire/ -- The Federal National


Mortgage Association (Fannie Mae) (NYSE: FNM) today reported its posted yields for Jan. 24, 1992. 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
 Current Ago Ago
 Conventional
 15-Year FRM 8.000 7.81 9.09
 30-Year FRM 8.450 8.29 9.42
 FHA/VA (30-Year FRM) 8.700 8.54 9.67
 10-, 60- and 90-day yields are also available.
 Second Mortgages 7.730 7.67 9.09
 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. 6.100 6.05 8.05 2.000 pct.
 1 (FHA) 1 pct. 5 pct. 6.350 6.30 8.30 2.000 pct.
 1(A) 2 pct. 6 pct. 5.000 4.95 7.00 2.250 pct.
 6 mos(A)
 (COF)(B) 1 pct. 5 pct. 5.150 5.10 7.10 2.125 pct.
 (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
 Dec. 27, 1991 4.328 4.250 4.250 4.375
 Nov. 27, 1991 4.813 5.000 4.938 5.063
 Commitment and Purchase Volumes ($Millions)
 Week Previous
 Ending Year to Year to
 01/24/92 Date Date
 Commitments to Purchase(C) 1,498.6 4,868.0 1,535.7
 Purchases 1,055.7 3,375.5 1,307.6
 MBS Issued 661.9 8,080.0 2,892.0
 (C) Excludes standby commitments issued, but includes standbys converted.
 -0- 1/27/92
 /CONTACT: Lisa Haas of the Federal National Mortgage Association, 202-752-7124/
 (FNM) CO: Federal National Mortgage Association ST: District of Columbia IN: FIN SU:


DC-SB -- DC027 -- 3898 01/27/92 16:16 EST
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Publication:PR Newswire
Date:Jan 27, 1992
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