My home has a mortgage(bal.$188,000 30yr. fixed @ 5.50%) and a HOME EQUITY LOAN with the balance of $140,000 @ 4.75% variable. I want to convert this EQUITY LOAN to FIXED RATE now. But I think that the interest rate will be higher than its variable 4.75%. Please advise me: should I convert it now, or wait longer in "hoping" that the inerest may drop; and what is your opinion regarding the interest rate, will it "fall" or "rise", and how soon? Thank you.