Annaly Capital Management, Inc. (NLY), ARMOUR Residential REIT, Inc. (ARR), American Capital Agency Corp. (AGNC): Summers’ Exit Will Give Mortgage REITs Some Breathing Room

Then again, current chair Ben Bernanke won’t be leaving his post until January, and the brouhaha about Summers might have no real effect on this week’s FOMC meeting at all.

Right now, however, the market is riding high. The most important thing to remember is that QE3 was never meant to last forever, and the program will, at some point, cease to exist. Before that time, mortgage REITs will experience more pain, but it won’t be fatal. Watchful investors planning for the long haul may find themselves able to pick up some of their favorite mREITs at bargain prices.

The article Summers’ Exit Will Give Mortgage REITs Some Breathing Room originally appeared on Fool.com.

Fool contributor Amanda Alix has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 

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