Generally speaking do the rates for mortgages go down when the feds cut rates

No direct relationship, but frequently have impact. Feds rate is cutting rates banks charge each other. So can not answer, & yes it could move either way.

Presumably you're getting a fixed rate loan. If an adjustable rate loan, those rates r frequently tied to feds rate & can definitely rise & fall. The fixed rate loans r not directly tied. But the adjustable rates loans given to those with poor or no credit is what caused this mortgage crisis. Do not follow them!

Yes normally the banks pass on although they do not have too. Take a view to see if they will cut again there is always analysts predicting what will happen. Definatley wait until news of cut comes out & then take a view on if there will be any further cuts.

I am in the UK & staying on tracker mortgages until rates look like they r going up then I will jump into a fixed quick.

Keep checking out the best deals & compare al the time.

US rates r low so see whether the analysts think they will go down further or if this is it.

Yes - most rates are tied to the Fed. Prime