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Last day of the year!  Make sure that you pay your state taxes and tie up any loose ends to avoid trouble on Thursday.  Interest rates are holding their own but definitely in an upward pattern:


Consumer Confidence jumped up 8% from last month, and the Case-Shiller 20 City Index shows a 13.6% home price increase from last year at this time.  As more and more good news comes rolling in, the economy will pick up steam and rates will start rising more quickly.  I think that at best we can hope for an Olympic size ski jump at the end of our hill on the graph shown here.  That’s a matter of speculation and timing—and a foolish bet if you are holding out for better rates since they are steadily marching upward.