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FANNIE MAE REPORTS POSTED YIELDS

 FANNIE MAE REPORTS POSTED YIELDS
 WASHINGTON, Aug. 17 /PRNewswire/ -- The Federal National Mortgage


Association (Fannie Mae) (NYSE: FNM) today reported its posted yields for Aug. 14, 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 7.180 7.19 8.56
 30-Year FRM 7.690 7.70 8.97
 FHA/VA (30-Year FRM) 7.940 7.95 9.22
 10-, 60- and 90-day yields are also available.
 Second Mortgages 7.050 7.08 8.59
 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. 5.700 5.80 7.45 2.000 pct.
 1 (FHA) 1 pct. 5 pct. 5.950 6.05 7.70 1.750 pct.
 1(A) 2 pct. 6 pct. 4.600 4.70 6.35 2.250 pct.
 6 mos(A)
 (COF)(B) 1 pct. 5 pct. 4.800 4.90 6.50 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
 July 30, 1992 3.391 3.453 3.625 3.813
 June 29, 1992 3.922 3.953 4.125 4.375
 Commitment and Purchase Volumes ($Millions)
 Week Previous
 Ending Year to Year to
 08/14/92 Date(B) Date
 Commitments to Purchase* 1,291.1 42,833.6 21,500.6
 Purchases 805.5 41,837.4 20,565.9
 MBS Issued 5,279.5 119,516.7 62,424.9
 (A) Excludes standby commitments issued, but includes standbys converted.
 (B) Adjusted for July Actuals
 -0- 8/17/92
 /CONTACT: Lisa Haas of Fannie Mae, 202-752-3580/
 (FNM) CO: Fannie Mae ST: District of Columbia IN: FIN SU:


TW -- DC020 -- 0638 08/17/92 15:56 EDT
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Publication:PR Newswire
Date:Aug 17, 1992
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