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Market Vectors Mortgage REIT ETF Message Board

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  • major_electric major_electric Nov 13, 2012 1:58 PM Flag

    big drop today ?

    Looks like a correction to me. KBWD, REM are down too. Probably has something to do with current and anticipated reduction in spreads between short & long term interest rates (and therefore less profit for the REIT companies). The QE Infinity mortgage buying kicked off today -- maybe it's tomorrow, not sure -- sometime soon anyway, if not already.