Americans see cheaper mortgage rates ahead as expectations flip for the first time ever in Fannie Mae's latest survey

• On balance, more Americans now see mortgage rates falling than rising in the year ahead.
• That's the first time it was happened in the history of Fannie Mae's survey.
• The latest National Housing Survey showed 31% of consumers expect mortgage rates to drop.

More Americans than ever are expecting lower mortgage rates ahead, according to the latest Fannie Mae National Housing Survey. 

Rounded data showed that a survey-high 31% of consumers see rates falling in the next 12 months, compared to 31% who expect them to go up. Meanwhile, 36% of respondents see rates remaining steady.