[turbo6bar]

If I had to guess, I'd say mortgage rates will go down a hair over the next couple weeks, but I wouldn't hold breath for 4.XX%. We are in an abnormal environment due to unprecedented Federal Reserve/Treasury department activities.

You got a great deal on the 7 yr balloon. The fact you're may pay slightly more for a 30 yr fixed is really good. If you're really antsy for the absolute best rate, consider a fixed loan with shorter term. You may get the 1/4 point or so that ends the waiting game. jurgen