Sweet Fantasy For High Dividend Yield Buyers
AGNCAGNC(AGNC) Seeking Alpha·2024-01-26 08:15

Tungus-ka/iStock via Getty Images A reader recently asked me about my outlook on mortgage REITs. They wondered why I had such an uninspired outlook when nearly everyone agrees that interest rates are going to fall. I want to answer that for you, but it might as well be an article. Mortgage REITs are the poster child for high yield investing. Yields are regularly in the double digits. Often, they move into the upper teens (before cuts, hurray). The ideal environment for mortgage REITs depends on your perspec ...