What is the psychology behind buyer activity during mortgage rate dips?

During mortgage rate dips near six point one nine percent, buyers exhibit renewed optimism often described as 'resume play' energy. Many had paused plans due to high borrowing costs and now react to improved affordability. However, buyers remain cautious, closely watching monthly payment comfort zones rather than just low rates. This psychology drives quicker touring and offer submissions in responsive markets but still demands sellers use strategic pricing and concessions to meet buyer expectations shaped by affordability and emotional comfort.