House price increases 'slowing down' - 2004-01-29
UK house prices increased in January at their slowest rate for nine months, according to the Nationwide. The mortgage lender said prices were up 0.7% on the month and by 14.3% from the same time a year earlier.

That compares with figures from the Nationwide last month which showed a seasonally adjusted 1.5% rise in December and 15.6% rise on the year. The data will reinforce Bank of England predictions that house price inflation is set to ease over the next two years.
Read the full story at BBC

Fed modifies wording on interest rate plans - 2004-01-29
Federal Reserve officials Wednesday left interest rates alone at 45-year lows but, in consideration of an improving economy, took a baby step to prepare investors for an eventual rate increase.

The price on the benchmark 10-year Treasury note also fell, while its yield, which moves in the opposite direction of its price, rose to 4.19% from 4.08% Tuesday. The yield gain will lead to an increase in mortgage rates.
Read the full story at USA Today