Excellent article here summarizing what could be a strong return of the real estate and mortgage markets. 

https://thehill.com/opinion/finance/5563627-real-estate-boom...

We've certainly seen a dramatic improvement in rates for investors across a wide range of loan production and qualifications. On average in comparison to last year we're roughly 1.25-1.5% LOWER. For well qualified borrowers with 20%+ down, you're in the low 6%'s and touching high 5%'s with a buy down. If we reach the low 5%'s then eventually high 4%'s..it is in fact off to the proverbial races. 

The real estate industry drives 14–18% of the U.S. GDP, touching everything from construction to retail. When the next housing boom hits, it’ll ripple across the entire economy—benefiting builders, lenders, brokers, and small businesses alike.

The key trigger? Mortgage rates dropping below 5.5%. While some homeowners are locked into 2–3% loans, nearly two-thirds of Americans have rates between 3% and 6%—and they’re ready to move when affordability improves.

Translation: once rates dip, the market could ignite fast.