Mortgage rates have been trending down for the last four weeks. The Federal Funds Rate doesn’t set the mortgage rates, but, history has shown as the fed cuts the rates, Mortgage rates usually mirror the trend. It might take a week or two. The inverse is also true: When banks and lenders anticipate a fed funds rate cut, mortgage rates usually fall in the weeks leading up to the meeting. However, home loan rates don’t necessarily continue to decrease after a fed funds rate cut. What does this mean