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FANNIE MAE REPORTS POSTED YIELDS

 WASHINGTON, Nov. 16 ~PRNewswire~ -- Federal National Mortgage Association (Fannie Mae) (NYSE: FNM) today reported its posted yields for Nov. 13, 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 7.630 7.65 8.04
 30-Year FRM 8.130 8.20 8.47
 FHA~VA (30-Year FRM) 8.380 8.45 8.72
 10-, 60- and 90-day yields are also available.
 Second Mortgages 7.630 7.65 8.08
 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. 6.300 6.20 6.75 2.000 pct.
 1 (FHA) 1 pct. 5 pct. 6.550 6.45 7.00 1.750 pct.
 1(A) 2 pct. 6 pct. 5.200 5.10 5.65 2.250 pct.
 6 mos(A)
 (COF)(B) 1 pct. 5 pct. 5.400 5.30 5.80 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
 Oct. 29, 1992 3.281 3.625 3.641 3.938
 Sept. 29, 1992 3.188 3.281 3.313 3.375
 Commitment and Purchase Volumes ($Millions)
 Week Previous
 Ending Year to Year to
 11~13~92 Date(B) Date
 Commitments to Purchase(A) 1,289.9 66,960.3 32,333.5
 Purchases 1,600.8 62,058.9 29,969.9
 MBS Issued 7,079.2 170,827.0 93,899.7
 (A) Excludes standby commitments issued, but includes standbys converted.
 (B) Adjusted for October Actuals.
 -0- 11~16~92
 ~CONTACT: Lisa Haas of Fannie Mae, 202-752-3580~
 (FNM)


CO: Federal National Mortgage Association ST: District of Columbia IN: FIN SU:

IH -- DC027 -- 1458 11~16~92 16:25 EST
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Date:Nov 16, 1992
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