Recent moves in mortgage rates have industry experts predicting that this fall could feel like a “new spring” for originations — even as the threat of a federal government shutdown looms.

On Tuesday, HousingWire’s Mortgage Rates Center, which tracks locked loans, showed that 30-year conforming loan locks averaged 6.34% — just one basis point (bps) higher than a week ago but 11 bps lower than two weeks prior. Jumbo 30-year rates rose 2 bps to 6.24%, while FHA 30-year loans increased 3 bps to 6.18%.

Spring is typically the details ⇒

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