Without knowing more about your situation, I would wait (like I did). Many schools have a 3 academic year minimum making waiting for your spring grades the safe route. The more coursework on your application, the stronger of an applicant you will be.
Spring quarter grades may not appear on your transcript until a few extra weeks after you know your grades. Let the office know not to send the transcript until spring grades are officially posted. Waiting may make it difficult to be in the first batch of applications mailed out, however, your application will still mail out within the first few batches. There will be no negative affect on your overall application.