[khalilravanna]

Not directly in line with OP’s comment but interest rates are stupidly low right now. Wouldn’t surprise me if this enables a lot of people to buy homes. I know several people (late 20s, early 30s Boston area) who have bought homes recently and I myself am refinancing.

[uoaei]

Interest rates don't mean anything if the down payment (or requirements for a loan) are still high for new buyers.

Interest rates only matter if you already have money. Most people don't.

[khalilravanna]

Requirements are pretty low for loans. I have a friend with not too much income who secured one. I myself was able to get a house with something like 5% down which on a house in Texas was like ~$10k.

Lower interest rates equate to a noticeably lower monthly payment so I wouldn’t toss it out completely as a factor.