Bankers, brokers, real estate agents, and especially buyers and sellers all want to believe in a resumption of transactions. The slight drop in rates unblocks credit files and restores a semblance of financial margin to buyers.
It would be a little hasty to forget that the possibility of getting into debt without paying interest had pushed the prices of goods to heights, in places unreasonable. The surge in rates, from barely 1% to around 4.5% in less than two years, had destabilized the market.