3 mREIT Stocks Worth Investing Despite Rising Mortgage Rates
MFA Financial(MFA) ZACKS·2025-01-08 17:22
Mortgage rates moved up last week and reached the highest point since July 2024. Per the Freddie Mac report, the average rate on a 30-year fixed-rate mortgage was 6.91% as of Jan. 2, 2025, up from 6.85% a week earlier. The latest spike in mortgage rates follows the Federal Reserve’s slower rate-cutting timeline. The Fed has indicated cutting benchmark interest rates just twice in 2025 to fight inflation, whereas four reductions were expected earlier for 2025.Despite rising mortgage rates, investors can cons ...