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FANNIE MAE REPORTS POSTED YIELDS FOR JUNE 26

 FANNIE MAE REPORTS POSTED YIELDS FOR JUNE 26
 WASHINGTON, June 29 /PRnewswire/ -- The Federal National Mortgage


Association (Fannie Mae) (NYSE: FNM) today reported its posted yields for June 26, 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 7.690 7.77 9.22
 30-Year FRM 8.200 8.28 9.54
 FHA/VA (30-Year FRM) 8.450 8.53 9.79
 10-, 60- and 90-day yields are also available.
 Second Mortgages 7.740 7.84 9.16
 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. 6.400 6.50 8.00 2.000 pct.
 1 (FHA) 1 pct. 5 pct. 6.650 6.75 8.25 1.750 pct.
 1(A) 2 pct. 6 pct. 5.300 5.40 6.90 2.250 pct.
 6 mos(A)
 (COF)(B) 1 pct. 5 pct. 5.500 5.60 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
 May 28, 1992 4.016 4.078 4.250 4.750
 April 29, 1992 3.969 4.078 4.266 4.703
 Commitment and Purchase Volumes ($Millions)
 Week Previous
 Ending Year to Year to
 06/26/92 Date(A) Date
 Commitments to Purchase(A) 1,590.6 35,217.4 16,945.8
 Purchases 1,090.6 34,809.0 15,676.7
 MBS Issued 1,314.3 94,991.7 47,717.7
 (A) Excludes standby commitments issued, but includes standbys converted.
 -0- 6/29/92
 /CONTACT: Lisa Haas of Fannie Mae, 202-752-3580/
 (FNM) CO: Federal National Mortgage Association ST: District of Columbia IN: FIN SU:


KD -- DC086 -- 4856 06/29/92 16:03 EDT
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Date:Jun 29, 1992
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