Quote:
Originally Posted by GregWeld
I own a bunch ($ wise) of REITS.... they typically pay real decent dividends and are pretty steady price wise. However... everything that is interest rate sensitive will ease down IF rates rise too quickly. We shall see how this plays out.
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Ever heard of NRZ? They're a mREIT (m for mortgage) that holds mostly floating rate securities, like commercial mortgages, which is mainly why they claim they will do better in a rising interest rate environment. They also do something with mortgage servicing rights, but I can't seem to get my mind around just how they make money doing it so I haven't invested yet.
Anyway, have any thoughts?