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| **Secondary MarketReport** | **May 1998**
TABLE 4FHA Primary Market RatesTable->                                    May 1, 1998                           Percentage of                            Field Office    Contract    Average   Effective                           Reporting         Rate      Points      Rate                         --------------------------------------------------Most Active Quote                25%         7.50%      0.31        7.54%Second Most Popular Quote        24%         7.25%      0.04        7.26%Third Most Popular Quote         14%         7.00%      0.84        7.11%All Others                       37%          N/A        N/A         N/AU.S. Average Rate               100%         7.32%      0.37        7.37%                                    Apr 1, 1998                           Percentage of                            Field Office    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/AU.S. Average Rate               100%         7.26%      0.44        7.32%                                    Mar 1, 1998                           Percentage of                            Field Office    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%         Data as of: May 1, 1998                           HFEP:  6-02-98**HSG/FHA Home Page | Reports Menu | Email Us
**Date Last Modified: 06/02/98**** |
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