As you can see every day the market is insane without reason. We Have just dropped big time with rates over the last month. When you are buying it is a snapshot in time with rates. You are closing in 30 to 45 days, anything can happen in that time frame  If you are comfortable with the mortgage payment then it is good to lock in. You are looking for the opportunity when the Gov't pivots and rates drop down to really save money not by a.25 of a percent but 2 to 3% lower which is huge. Don't get priced out and have rates jump up in your 30 to 45-day close, be safe and take the time to shop your insurance, etc.,

What can make rates drop?

rolling over 7 trillion of the debt this year

another pandemic

possible wars in many areas,

loss of jobs

all sorts of things can happen that can change everything suddenly

Be comfortable with the payment so that you can eventually reap major savings when rates drop

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