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Mortgage REITs got pounded today/lately

Posted on 10/10/12 at 7:16 pm
Posted by whodatigahbait
Uptown
Member since Oct 2007
1748 posts
Posted on 10/10/12 at 7:16 pm
NLY, AGNC, ANH, HTS, all down about 1.5% on no real news, anyone have any idea why?
Posted by LSU0358
Member since Jan 2005
7915 posts
Posted on 10/10/12 at 9:38 pm to
Just a normal correction I think. Several real estate/home builders are up over 150% in the last year. Not panic time yet, unless the correction gets out of control.
Posted by LSU0358
Member since Jan 2005
7915 posts
Posted on 10/10/12 at 9:41 pm to
Just a normal correction I think. Several real estate/home builders are up over 150% in the last year. Not panic time yet, unless the correction gets out of control.
Posted by whodatigahbait
Uptown
Member since Oct 2007
1748 posts
Posted on 10/11/12 at 10:13 am to
quote:

Just a normal correction I think. Several real estate/home builders are up over 150% in the last year. Not panic time yet, unless the correction gets out of control.


home builders wouldn't have that much to do with mortgage REITs since they are only buying mortgage paper.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 10/11/12 at 10:33 am to
quote:

NLY, AGNC, ANH, HTS, all down about 1.5% on no real news, anyone have any idea why?


With that list of names, it's got to be about perceived future interest rates, I would think.
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