Now that the fed has cut intrest rates again, how long before I see the reduction in mortgage rates

Keep checking everyday.....

Now that the fed has cut intrest rates again, how long before I see the reduction in mortgage rates at my CU?

Give it a month or two, if you%26#039;re looking for long term fixed rate mortgages. Fixed rate responds much more closely to Treasuries and bonds, and it takes a bit of time for those issues to respond to Fed rate cuts.