The causation runs the other way: cheaper rates pull demand up, and rising demand is what can spark a boom. We won't predict where rates or prices go, because nobody honestly can. The mechanism is worth laying out, though. When rates sit elevated, more buyers are priced out and demand stays measured, so you tend to get a steadier market. Nudge rates down a bit and demand picks up, which can lift appreciation. A genuine, broad boom usually needs rates to fall a lot, into a range that meaningfully reopens affordability. The catch with that scenario: a big drop in rates typically requires the conditions that push them there, a jump in unemployment or a real slide in inflation, the kind of economic softening most reasonable forecasts don't carry as their base case. Possible, and nothing to bank on. So skip trying to time a spring boom and work what you control. If the home fits your life and the payment works at today's rate, buy the house. If rates fall later, a refinance is an option, never a promise.