3 Promising mREIT Stocks to Buy as Industry Gains Momentum
Arbor(ABR) ZACKS·2024-08-09 16:47
The Zacks REIT and Equity Trust industry is set to record a recovery thanks to declining mortgage rates and expected improvement in purchase originations and refinancing as the Federal Reserve signaled interest rate cuts beginning September. The mREIT industry is likely to witness book value improvement in the near term as spreads in the Agency market tighten, positively impacting asset prices.However, receding prepayment spreads offer respite to the industry players by supporting asset yields and margins, ...