AIM:TPFGReal Estate
3 REIT Stocks Worth Watching With Mortgage Rates at 6.66%
Mortgage rates in the U.S. have reached 6.66% on the average 30-year loan, which puts a spotlight on rental housing and residential REIT stocks that are more tied to tenants than homebuyers. Higher borrowing costs can cool home sales and reshape housing demand, which matters for companies that own or operate rental properties. This article looks at 3 stocks from a rental housing and REIT screener that appear closely linked to this rate shock. You will see where the current backdrop may offer...