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FANNIE MAE REPORTS POSTED YIELDS

 FANNIE MAE REPORTS POSTED YIELDS
 WASHINGTON, Sept. 28 /PRNewswire/ -- The Federal National


Mortgage Association (Fannie Mae) (NYSE: FNM) today reported its posted yields for Sept. 25, 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 6.950 7.05 8.39
 30-Year FRM 7.650 7.66 8.80
 FHA/VA (30-Year FRM) 7.900 7.91 9.05
 10-, 60- and 90-day yields are also available.
 Second Mortgages 6.820 6.87 8.44
 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. 5.450 5.45 7.20 2.000 pct.
 1 (FHA) 1 pct. 5 pct. 5.700 5.60 7.45 1.750 pct.
 1(A) 2 pct. 6 pct. 4.350 4.35 6.10 2.250 pct.
 6 mos(A)(COF)(B) 1 pct. 5 pct. 4.550 4.55 6.25 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
 Aug. 28, 1992 3.500 3.516 3.625 3.750
 July 30, 1992 3.391 3.453 3.625 3.813
 Commitment and Purchase Volumes ($Millions)
 Week Previous
 Ending Year to Year to
 09/25/92 Date Date
 Commitments to Purchase(A) 2,190.8 54,235.0 26,285.3
 Purchases 1,725.7 49,170.5 24,663.7
 MBS Issued 1,042.6 135,849.5 76,021.1
 (A) Excludes standby commitments issued, but includes standbys converted.
 -0- 9/28/92
 /CONTACT: Lisa Haas of Fannie Mae, 202-752-3580/
 (FNM) CO: Federal National Mortgage Association ST: District of Columbia IN: FIN SU:


KD -- DC026 -- 4061 09/28/92 16:07 EDT
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Publication:PR Newswire
Date:Sep 28, 1992
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