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FANNIE MAE REPORTS POSTED YIELDS

 FANNIE MAE REPORTS POSTED YIELDS
 WASHINGTON, Feb. 3 /PRNewswire/ -- The Federal National Mortgage


Association (Fannie Mae) (NYSE: FNM) today reported its posted yields for Jan. 31, 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 8.180 8.00 9.06
 30-Year FRM 8.600 8.45 9.42
 FHA/VA (30-Year FRM) 8.850 8.70 9.67
 10-, 60- and 90-day yields are also available.
 Second Mortgages 7.780 7.73 9.08
 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. 6.150 6.10 8.05 2.000 pct.
 1 (FHA) 1 pct. 5 pct. 6.400 6.35 8.30 2.000 pct.
 1(A) 2 pct. 6 pct. 5.050 5.00 7.00 2.250 pct.
 6 mos(A)
 (COF)(B) 1 pct. 5 pct. 5.200 5.15 7.10 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
 January 30, 1992 4.141 4.188 4.250 4.625
 December 27, 1991 4.328 4.250 4.250 4.375
 Commitment and Purchase Volumes ($Millions)
 Week Previous
 Ending Year to Year to
 01/31/92 Date Date
 Commitments to Purchase(A) 2,278.3 7,146.3 1,890.9
 Purchases 1,407.7 4,783.2 1,781.5
 MBS Issued 3,207.7 11,287.7 4,830.4
 (A) Excludes standby commitments issued, but includes standbys converted.
 -0- 2/3/92
 /CONTACT: Lisa Haas of Fannie Mae, 202-752-7124/
 (FNM) CO: Fannie Mae ST: District of Columbia IN: FIN SU:


TW -- DC020 -- 6318 02/03/92 16:15 EST
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Publication:PR Newswire
Date:Feb 3, 1992
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