Why AGNC Is One Stock I'd Avoid in 2023
Yahoo! Finance
2022 was a tough year for mortgage real estate investment trusts (mREITs). Pressure from rising interest rates, a slowing housing market, and weakening demand for mortgage-backed securities (MBS) sent most mREITs tanking -- AGNC Investment (NASDAQ: AGNC) included. The company, which invests in agency-backed mortgage securities (MBS) saw its share price fall as much as 40% from its high.
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