Mortgage Rates Slide by Scott Davis
Treasury bonds rallied for the fourth straight day on Wednesday while stocks were once again mixed, but this time led by blue chips. The average 30-year and 15-year fixed rate mortgages slid to 8.04% and 7.64% respectively, according to Bank Rate Monitor. The one-year adjustable rate edged up to 6.59%. No new economic data and benign remarks from Fed Chairman Alan Greenspan allowed Treasuries to gain again Wednesday. The yield on the bellwether 30-year Treasury bond fell to 6.60%. Bucking the recent trend, the Dow Jones Industrial Average eked out a 3.10 point gain to 11,032.99 while the Nasdaq composite dropped 97.50 points to 4,069.91. Selected Stocks - Closing Prices Wednesday, January 26 | Company | Ticker | Price | Change | HomeStore.com
| HOMS
| 121 1/64
| - 1 15/64
| HomeSeekers.com
| HMSK
| 19 1/8
| + 5/8
| Cendant
| CD
| 20 13/16
| - 1/8
| Homeservices.com
| HMSV
| 14 5/8
| + 3/4
| Realco, Inc.
| RLCO
| 2
| - 1/4
| Kennedy-Wilson
| KWIC
| 10 5/16
| + 2 1/16
| E-Loan
| EELN
| 16 3/4
| + 1 3/8
| Countrywide
| CCR
| 25 5/8
| + 1 9/16
| Vista Info
| VINF
| 4 15/16
| + 3/8
| Internet Pictures Corp.
| IPIXD
| 35 3/4
| - 1/2
| Champion Enterprises
| CHB
| 8 1/4
| + 1/8
| Centex Corp.
| CTX
| 21 3/4
| - 1/8
| Pulte Corp.
| PHM
| 17 7/16
| + 7/16
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