Printer Friendly

FANNIE MAE REPORTS POSTED YIELDS

 FANNIE MAE REPORTS POSTED YIELDS
 WASHINGTON, April 13 /PRNewswire/ -- The Federal National


Mortgage Association (Fannie Mae) (NYSE: FNM) today reported its posted yields for April 10, 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 7.960 8.11 9.10
 30-Year FRM 8.470 8.61 9.40
 FHA/VA (30-Year FRM) 8.720 8.86 9.65
 10-, 60- and 90-day yields are also available.
 Second Mortgages 7.960 8.15 9.01
 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. 6.500 6.80 7.90 2.000 pct.
 1 (FHA) 1 pct. 5 pct. 6.750 7.05 8.15 2.000 pct.
 1(A) 2 pct. 6 pct. 5.400 5.70 6.80 2.250 pct.
 6 mos(A)
 (COF)(B) 1 pct. 5 pct. 5.550 5.85 6.95 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
 March 30, 1992 4.250 4.375 4.547 5.063
 Feb. 28, 1992 4.250 4.250 4.375 4.750
 Commitment and Purchase Volumes ($Millions)
 Week Previous
 Ending Year to Year to
 04/10/92 Date(A) Date
 Commitments to Purchase(A) 1,486.9 23,177.9 7,990.8
 Purchases 1,333.1 19,390.0 6,303.0
 MBS Issued 6,890.8 52,685.0 21,433.6
 (A) Excludes standby commitments issued, but includes standbys converted.
 -0- 4/13/92
 /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:


MH-TW -- DC021 -- 7855 04/13/92 14:29 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 13, 1992
Words:330
Previous Article:LUNGREN, ACTRESS BETTY WHITE TO DISCUSS ELDER ABUSE ON SET OF NEW FILM
Next Article:CHRYSLER NEWS NETWORK TO MAKE AVAILABLE IACOCCA SPEECH


Related Articles
FANNIE MAE REPORTS POSTED YIELDS
FANNIE MAE REPORTS POSTED YIELDS
FANNIE MAE REPORTS POSTED YIELDS
FANNIE MAE REPORTS POSTED YIELDS
FANNIE MAE REPORTS POSTED YIELDS
/R E V I S I O N -- FANNIE MAE/
/C O R R E C T I O N -- FANNIE MAE/ (Correction Notice)
/C O R R E C T I O N -- Fannie Mae/ (Correction Notice)

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters