NRZ - Looking Ahead: How Increasing Real Estate Prices Can Elevate Mortgage REIT Performance
Housing prices are rising so rapidly in the U.S. that some people are talking about another housing bubble. While there is very little possibility of that happening right now (the necessary pieces of the puzzle simply aren't there), we are seeing home price appreciation and bidding wars similar to the housing bubble days of 2004-2006.
While mortgage real estate investment trusts (REITs) are mainly sensitive to movements in interest rates, increasing house prices are another benefit. How does this help companies like Annaly Capital Management (NYSE: NLY) , New Residential (NYSE: NRZ) , or MFA Financial (NYSE: MFA) ?
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Looking Ahead: How Increasing Real Estate Prices Can Elevate Mortgage REIT Performance