Mortgage REITs, or mREITs, are real estate investment trusts that finance real estate by purchasing or originating mortgages and mortgage-backed securities, earning income from the interest on these investments rather than from owning property.
Log in to followBought 1,200 shares of a mortgage REIT's fixed-to-floating preferred at $26.30. Par is $25. Fixed coupon 7.75 percent on par, so $1.9375 a year, $0.4844 a quarter. My thinking was…
I put $5,000 into an agency mortgage REIT 15 months ago because the yield line said 11 percent and I wanted to see how one of these actually behaves before I put real money anywhe…
I wanted income that didn't come with a phone call at 9pm about a water heater, so in the spring I put $18,000 across two mortgage REITs, one agency name and one more diversified.…
I sold two low price point single families in a small market, cleared about $60,000, and I did not want to be a landlord again for a while. I put $59,947 into one commercial mortg…