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FANNIE MAE REPORTS POSTED YIELDS

 WASHINGTON, Aug. 2 /PRNewswire/-- The Federal National Mortgage Association (Fannie Mae) (NYSE: FNM) today reported its posted yields for July 30, 1993. 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
 Conventional Current Ago Ago
 15-year FRM 6.520 6.66 7.38
 30-year FRM 6.960 7.16 7.86
 FHA/VA (30-year FRM) 7.210 7.41 8.11
 10-, 60- and 90-day yields are also available.
 Second Mortgages 6.790 6.89 7.19
 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. 5.800 5.80 5.90 2.000 pct.
 1 (FHA) 1 pct. 5 pct. 6.050 6.05 6.15 1.750 pct.
 1(A) 2 pct. 6 pct. 4.700 4.70 4.80 2.250 pct.
 6 mos(A)
 (COF)(B) 1 pct. 5 pct. 4.900 4.90 5.00 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 29, 1993 3.188 3.313 3.563 3.813
 June 29, 1993 3.203 3.328 3.563 3.781
 Commitment and Purchase Volumes ($Millions)
 Week Previous
 Ending Year to Year to
 7/30/93 Date Date
 Commitments to Purchase(A) 1,877.0 47,706.5 40,323.1
 Purchases 1,871.9 45,059.8 40,282.8
 MBS Issued 399.3 109,412. 0 107,952.2
 (A) Excludes standby commitments issued, but includes standbys converted.
 -0- 8/2/93
 /CONTACT: Polly Shannon of Fannie Mae, 202-752-6707/
 (FNM)


CO: Fannie Mae ST: District of Columbia IN: FIN SU:

TW-DC -- DC018 -- 8415 08/02/93 13:57 EDT
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Publication:PR Newswire
Date:Aug 2, 1993
Words:318
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