Lower Fed rate jump an "incremental positive" for the mortgage market, says expert
Central bank slows interest rate increases as inflation eases
However, builders are still wary of elevated inventories due to lower sales in the past months
Rebound in sales shows buyers are returning to the market, expert says
"Ample demand remains, fueled by first-time homebuyers"
Potential buyers may soon return to the market if rates continue to fall and home prices cool further