With Mortgage Rates Finally Rising, Is Now the Time for ‘MORT’?
March 16, 2021 at 07:00 AM EDT
After years of basement-dwelling lows, mortgage rates are on a steady move higher. While this does no favor for home purchasers and refinancers, it could help ETF investors in the VanEck Vectors Mortgage REIT Income ETF (MORT). “According to the latest data, released Thursday by Freddie Mac,...