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| **Secondary MarketReport** | **April 1998**
TABLE 4FHA Primary Market RatesTable->                                      Apr 1, 1998                         Percentage of                          Field Offices    Contract   Average   Effective                         Reporting         Rate      Points       Rate                         --------------------------------------------------Most Active Quote              24%         7.00%      0.75        7.10%Second Most Popular Quote      22%         7.38%      0.11        7.38%Third Most Popular Quote       20%         7.25%      0.30        7.29%All Others                     35%          N/A        N/A         N/A                         U.S. Average Rate             100%         7.26%      0.44        7.32%                                      Mar 1, 1998                         Percentage of                          Field Offices   Contract    Average   Effective                         Reporting         Rate      Points      Rate                         --------------------------------------------------Most Active Quote              32%         7.50%      0.08        7.51%Second Most Popular Quote      27%         7.00%      0.60        7.08%Third Most Popular Quote       18%         7.25%      0.09        7.26%All Others                     23%          N/A        N/A         N/AU.S. Average Rate             100%         7.28%      0.30        7.32%                                      Feb 1, 1998                         Percentage of                          Field Offices   Contract   Average     Effective                         Reporting         Rate     Points        Rate                         --------------------------------------------------Most Active Quote              43%         7.00%      0.40        7.05%Second Most Popular Quote      21%         7.25%      0.12        7.27%Third Most Popular Quote       20%         7.50%      0.04        7.51%All Others                     16%          N/A        N/A         N/AU.S. Average Rate             100%         7.23%      0.29        7.27%Data as of: April 1, 1998                                      HFEP:  4-01-98**HSG/FHA Home Page | Reports Menu | Email Us
**Date Last Modified: 05/18/98**** |
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