Getting a Read on Mortgage REITs
Question: I've heard that mortgage REITs can be a good way to get extra income. What are the pros and cons of investing in one?
Answer: Mortgage REITs have exploded in popularity in recent years, in part because their yields can be attractive. But as with any high-yielding instrument, there’s no such thing as a free lunch. Unless interest-rate conditions are just right, mortgage REITs can run into trouble. Read more about mortgage REITs in this article by Adam Zoll.