Op-ed: Mortgage real estate investment trusts may be a soft-landing winner. Here are REITs worth a look
Publishing timestamp: 2023-08-11 09:00:01
Summary
The article discusses the potential for residential mortgage real estate investment trusts (REITs) to perform well in the future due to economic data suggesting a soft landing for the US economy. It highlights AGNC Investment Corp and Annaly Capital Management Inc as two mortgage-backed REITs worth considering, noting their discounted book values, stability, and high dividend payments. The article suggests that if the Federal Reserve can tame inflation without causing a recession, interest rates may begin to retreat in 2024, benefiting the residential mortgage REIT industry.
Sentiment: POSITIVE
Keywords: personal finance, reits, inflation, investment strategy, breaking news: investing, financial consulting, american capital agency corp, business news, annaly capital management inc,
Source: https://www.cnbc.com/2023/08/11/mortgage-reits-may-be-a-soft-landing-winner-for-investors.html