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| **Secondary MarketReport** | **February1998**
TABLE 2 MostFrequentlyQuoted Contract Rates and Yieldsfor FHA Mortgages Sold in theSecondary Market**Contract  Average               Contract  Average     Year     Rate   Yield 1/      Year       Rate   Yield 1/-------------------------------------------------------------- 1993 Jan      8.00%     8.12%   1996 Jan      7.50%     7.52      Feb      8.00%     8.04%        Feb      7.00%     7.11      Mar      7.50%     7.55%        Mar      7.50%     7.57      Apr      7.50%     7.57%        Apr      8.00%     8.09      May      7.50%     7.56%        May      8.50%     8.52      Jun      7.50%     7.59%        Jun      8.50%     8.57      Jul      7.50%     7.52%        Jul      8.50%     8.55      Aug      7.50%     7.51%        Aug      8.50%     8.56      Sep      7.00%     7.02%        Sep      8.50%     8.58      Oct      7.00%     7.03%        Oct      8.50%     8.56      Nov      7.00%     7.08%        Nov      8.00%     8.00      Dec      7.50%     7.51%        Dec      8.00%     8.14 1994 Jan      7.50%     7.52%   1997 Jan      8.00%     8.06%      Feb      7.00%     7.05%        Feb      8.00%     8.06%      Mar      7.50%     7.59%        Mar      8.00%     8.08%      Apr      8.50%     8.57%        Apr      8.50%     8.55%      May      8.50%     8.63%        May      8.50%     8.56%      Jun      8.50%     8.63%        Jun      8.00%     8.05%      Jul      9.00%     9.03%        Jul      8.00%     8.02%      Aug      8.50%     8.65%        Aug      7.50%     7.61%  Sep 2/       8.50%     8.66%        Sep      8.00%     8.02%  Sep 2/       9.00%     9.03%        Oct      7.50%     7.52%      Oct      9.00%     9.10%        Nov      7.50%     7.53%      Nov      9.00%     9.23%        Dec      7.50%     7.51%      Dec      9.50%     9.53% 1995 Jan      9.50%     9.54%   1998 Jan      7.00      7.17      Feb      9.00%     9.10%        Feb      7.00      7.08      Mar      9.00%     9.05%      Apr      8.50%     8.60%      May      8.50%     8.56%      Jun      8.00%     8.03%      Jul      8.00%     8.00%      Aug      8.00%     8.09%      Sep      8.00%     8.03%      Oct      8.00%     8.03%      Nov      7.50%     7.61%      Dec      7.50%     7.51%1/-Gross yield to investors, without allowance for servicing costs   based on prepayment of the mortgage at the end of 12 years.2/-The September 1, 1994 survey found two rates reported with equal   frequency, evenly balanced between 8.50 and 9.00 percent.     Data as of:    Feb 1, 1998                         HFEP: 2-01-98***HSG/FHA Home Page | Reports Menu | Email Us***** |
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