Published on 24 May 2024 on Benzinga via Yahoo Finance
These 3 Mortgage REITs Have Been On Fire Over The Last Month
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Mortgage REITs (mREITs) were among the worst-performing REIT subsectors during 2022 and 2023 when the Federal Reserve raised interest rates. However, several mREITS have performed much better since the Federal Reserve paused its rate hikes in June 2023 and later began discussing the possibility of rate cuts in 2024.