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FANNIE MAE REPORTS POSTED YIELDS

 FANNIE MAE REPORTS POSTED YIELDS
 WASHINGTON, Jan. 6 /PRNewswire/ -- The Federal National Mortgage


Association (Fannie Mae) (NYSE: FNM) today reported its posted yields for Jan. 6, 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 7.610 7.50 9.14
 30-Year FRM 8.130 8.00 9.45
 FHA/VA (30-Year FRM) 8.380 8.25 9.70
 10-, 60- and 90-day yields are also available.
 Second Mortgages 7.490 7.49 9.22
 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 6.00 8.20 2.000 pct.
 1 (FHA) 1 pct. 5 pct. 6.250 6.25 8.45 2.000 pct.
 1(A) 2 pct. 6 pct. 4.900 4.90 7.20 2.250 pct.
 6 mos(A)
 (COF)(B) 1 pct. 5 pct. 5.050 5.05 7.25 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
 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
 01/03/92 Date Date
 Commitments to Purchase(C) 484.2 484.2 168.5
 Purchases 244.9 244.9 92.8
 MBS Issued 672.0 672.0 230.0
 (C) Excludes standby commitments issued, but includes standbys converted.
 -0- 1/6/92
 /CONTACT: Lisa Haas of Fannie Mae, 202-752-7124/
 (FNM) CO: Fannie Mae ST: District of Columbia IN: FIN SU:


DC-MH -- DC018 -- 7043 01/06/92 16:37 EST
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Date:Jan 6, 1992
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