3 mREIT Stocks to Watch as Mortgage Rates Hit Lowest Since October 2024

Key Takeaways Mortgage rates dropped to 6.26%, boosting origination and refinancing volumes. Ellington Financial leverages diversification and hedging to drive stable growth. Annaly and Orchid will likely see growth in NII as lower rates will lift asset prices and spreads. Mortgage rates continue to ease, with the average 30-year fixed rate sliding to 6.26% in the week ended Sept. 18, 2025, according to the data from FreddieMac's report. This is the lowest rate since the same week in October 2024, when it w ...