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FANNIE MAE REPORTS POSTED YIELDS

 FANNIE MAE REPORTS POSTED YIELDS
 WASHINGTON, Oct. 5 /PRNewswire/ -- The Federal National Mortgage


Association (Fannie Mae) (NYSE: FNM) today reported its posted yields for Oct. 2, 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 6.980 6.95 8.20
 30-Year FRM 7.580 7.65 8.67
 FHA/VA (30-Year FRM) 7.830 7.90 8.92
 10-, 60- and 90-day yields are also available.
 Second Mortgages 6.980 6.82 8.31
 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. 5.400 5.45 7.05 2.000 pct.
 1 (FHA) 1 pct. 5 pct. 5.650 5.70 7.30 1.750 pct.
 1(A) 2 pct. 6 pct. 4.300 4.35 5.95 2.250 pct.
 6 mos(A)(COF)(B) 1 pct. 5 pct. 4.500 4.55 6.10 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
 Sept. 29, 1992 3.188 3.281 3.313 3.375
 Aug. 28, 1992 3.500 3.516 3.625 3.750
 Commitment and Purchase Volumes ($Millions)
 Week Previous
 Ending Year to Year to
 10/02/92 Date Date
 Commitments to Purchase(A) 1,894.8 56,129.8 27,110.6
 Purchases 1,727.0 50,897.5 25,624.6
 MBS Issued 5,426.9 141,276.4 80,276.8
 (C) Excludes standby commitments issued, but includes standbys converted.
 -0- 10/5/92
 /CONTACT: Lisa Haas of Fannie Mae, 202-752-3580/
 (FNM) CO: Federal National Mortgage Association ST: District of Columbia IN: FIN SU:


IH -- DC025 -- 6708 10/05/92 15:47 EDT
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Date:Oct 5, 1992
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