Mortgage ETF Paying 15% Yield After Price Pullback
September 14, 2013 at 11:54 AM EDT
Following a pullback on rising rate fears, high-yield mortgage-related real estate investment trust exchange traded funds could be attractive due to cheaper valuations. The iShares Mortgage Real Estate Capped ETF (NYSEArca: REM) has declined 4.1% over the past three months while the Market Vectors...