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FANNIE MAE REPORTS POSTED YIELDS

 FANNIE MAE REPORTS POSTED YIELDS
 WASHINGTON, Dec. 30 /PRNewswire/ -- The Federal National


Mortgage Association (Fannie Mae) (NYSE: FNM) today reported its posted yields for Dec. 27, 1991. 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 7.500 7.62 9.22
 30-Year FRM 8.000 8.09 9.58
 FHA/VA (30-Year FRM) 8.250 8.34 9.83
 10-, 60- and 90-day yields are also available.
 Second Mortgages 7.490 7.52 9.12
 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. 6.000 6.05 8.35 2.000 pct.
 1 (FHA) 1 pct. 5 pct. 6.250 6.30 8.60 2.000 pct.
 1 (A) 2 pct. 6 pct. 4.900 4.95 7.35 2.250 pct.
 6 mos(A)
 (COF)(B) 1 pct. 5 pct. 5.050 5.10 7.40 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
 Nov. 27, 1991 4.813 5.000 4.938 5.063
 Oct. 30, 1991 5.250 5.375 5.359 5.500
 Commitment and Purchase Volumes ($Millions)
 Week Previous
 Ending Year to Year to
 12/27/91 Date Date
 Commitments to Purchase (C) 693.5 39,605.8 23,558.4
 Purchases 1,066.0 36,541.5 23,615.5
 MBS Issued 4,928.5 113,098.0 96,518.7
 (C) Excludes standby commitments issued, but includes standbys converted.
 -0- 12/30/91
 /CONTACT: Lisa Haas of Fannie Mae, 202-752-7124/
 (FNM) CO: Fannie Mae ST: District of Columbia IN: FIN SU:


MH -- DC011 -- 5703 12/30/91 15:25 EST
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Publication:PR Newswire
Date:Dec 30, 1991
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