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3 mREIT Stocks Worth Considering for a Turnaround in 2025
ARRARMOUR Residential REIT(ARR) ZACKS·2024-12-23 18:51

The mREIT industry gained momentum in early 2024, driven by optimism surrounding the Federal Reserve rate cuts. Per the Freddie Mac report, the average rate on a 30-year fixed-rate mortgage was 6.62% at the beginning of 2024, while it hovered around 7% for most of 2023.As we approach the end of 2024, the average rate on the 30-year fixed-rate mortgage rates is 6.72% for the week ending Dec. 19, 2024. The mortgage rates continue to be elevated as the central bank hinted fewer rate cuts in 2025. This will lik ...