Current FHA Mortgage Rate?

I am supposed to refinance on Sunday from a fha at 6.5% rate to a 5.5. my payment is approx 1670 with interest and all and will be down to 1535 with the refinance. He stated that my escrow will be sent and I can keep it (1200) and i can skip my march payment which will basically give me 300 in the pocket. I didnt really want money back i just wanted my payments lowered by 250 or so to adjust for my other issues that occured. Is 5.5 30 fixed a good rate or will there be something with this stimulus that will drop housing to 4.5 or so. He also said I can refinance again after about 6months if the rates got lower, AM I BEING DOOPED? just so they can get a sale or does it p the smell test. THanks.O my new mortgage is noe 228,000 it was 225,000. He did say that i could pay points but it would cost me the $3000 they giving me to just drop it .5% which is only about $60 bucks he says