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FANNIE MAE REPORTS ITS POSTED YIELDS

 FANNIE MAE REPORTS ITS POSTED YIELDS
 WASHINGTON, July 6 /PRNewswire/ -- The Federal National Mortgage


Association (Fannie Mae) (NYSE: FNM) today reported its posted yields for July 2, 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 7.450 7.69 9.17
 30-Year FRM 7.980 8.20 9.50
 FHA/VA (30-Year FRM) 8.230 8.45 9.75
 10-, 60- and 90-day yields are also available
 Second Mortgages 7.450 7.74 9.14
 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 6.40 8.00 2.000 pct.
 1 (FHA) 1 pct. 5 pct. 6.350 6.65 8.25 1.750 pct.
 1(A) 2 pct. 6 pct. 5.000 5.30 6.90 2.250 pct.
 6 mos.(A)
 (COF)(B) 1 pct. 5 pct. 5.200 5.50 7.05 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
 June 29, 1992 3.922 3.953 4.125 4.375
 May 28, 1992 4.016 4.078 4.250 4.750
 Commitment and Purchase Volumes ($Millions)
 Week Previous
 Ending Year to Year to
 07/02/92 Date Date
 Commitments to Purchase(A) 748.0 35,965.4 17,511.0
 Purchases 1,499.4 36,308.4 16,332.3
 MBS Issued 3,377.6 98,369.3 48,531.3
 (A) Excludes standby commitments issued, but includes standbys converted.
 -0- 7/6/92
 /CONTACT: Lisa Haas of the Federal National Mortgage Association, 202-752-3580/
 (FNM) CO: Federal National Mortgage Association ST: District of Columbia IN: FIN SU:


DC -- DC011 -- 6729 07/06/92 16:17 EDT
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Publication:PR Newswire
Date:Jul 6, 1992
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/R E V I S I O N -- FANNIE MAE/
/C O R R E C T I O N -- Fannie Mae/ (Correction Notice)

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