3 mREIT Stocks to Bet on Despite Challenging Industry Trends
The Zacks REIT and Equity Trust industry is facing volatility in mortgage rates fueled by concerns about inflation and the broader economic outlook. With mortgage rates climbing back into the mid-6% range in recent weeks, reversing earlier declines, the industry players will continue to face earnings pressure in the near term.Also, with ongoing affordability challenges in the housing market, purchase originations and refinancing activities are witnessing a decline. However, companies like Ellington Financi ...