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Wall Street Recharges the Rally - CNNMoney.com -- Stocks rallied Tuesday, with IBM leading a tech charge ahead of its quarterly results, released after the close of trade. A variety of health care and consumer product companies also added to the run, as investors sought to restart the run.

Citigroup's quarterly loss, a stronger dollar and Kraft's buyout of Cadbury were also in the mix.

The Dow Jones industrial average gained 115 points, or 1.1%. The S&P 500 index added 14 points, or 1.3%. The Nasdaq composite rose 32 points, or 1.4%. The Dow and the S&P 500 ended at fresh 15-month highs and the Nasdaq ended at a new 16-month high.

Rates Have Been Quite Stable After Martin Luther King Jr. Holiday

Rates have been quite stable for the month of January. After the Martin Luther King Jr. holiday there has been very little volatility as the American public gets back to work.

At the present time the 30 year fixed mortgage rate is still well bellow 5%. However, many analysts have predicted that mortgage rates are going to move higher in the very near future so it would be a good idea to take action sooner rather than later.