Feb. 23 at 5:26 PM
Mortgage rates just hit a 3-year low — are mREITs about to wake up? 👀
With rates dropping to 6.01%, the lowest since 2022, origination volumes are getting a boost — setting up
$NLY,
$MITT and
$RWT for potential gains as the lending backdrop improves.
If rates stay favorable, this could be the tailwind this group has been waiting for.
See the full breakdown on these 3 mREITs 👉 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-teaser-34689&ADID=SYND_STOCKTWITS_TWEET_2_2873692_TEASER_34689