rates

Lock now, they are pretty low and I dont seem them getting too much lower.

lock in now on a day when the market has a repricing in your favor and then re-negotiate later if rates go down. the you will at least have your worst case scenario if the market runs away. it's very hard to tell what they're gonna do b/c they are very, very volatile right now. anything below 5.75 is a good rate, it just gets better from there. save the 30 yr fixed rate graph from the bloomberg page and check it regulary to see how it trends. i would guess that in general they are more likely to go up than down, probably will yoyo for a while longer though.