Feb. 23 at 4:26 PM
Lower mortgage rates boost mREITs like
$NLY,
$MITT &
$RWT 🚀
📉 30-year fixed rates drop to 6.01%, enhancing affordability and sparking refinance activity, with refinance applications up 132% YoY.
📈 Tightening Agency spreads lift asset prices, expanding net interest spreads and boosting mREIT profitability.
Discover the opportunity for mREIT investors here 👉 https://www.zacks.com/stock/news/2873692/mortgage-rates-drop-to-lowest-in-over-3-years-3-mreit-stocks-to-watch?cid=sm-stocktwits-2-2873692-body-34690&ADID=SYND_STOCKTWITS_TWEET_2_2873692_BODY_34690