Personally, I think QE will become a permanent policy. Even in the unlikely even that they do unwind, I don't think interest rates will follow the policy. You can force a market. Unfortunately, AGNC set themselves up for a rising rate environment, so they're in a holding pattern and likely won't make much money during the next year if my suspicions are correct. I'm holding though - the REIT bet is a good one - it's only a matter of time before the big money starts flowing again.
QE's are Politicians hidden Taxation method hurting Poor, Middle Class & Retiree's most, by debasing currency causing Inflation , for a true read , look @ Milk, Eggs, Hamburger, & Gas prices today vs. 5 years ago, Government doesn't use fuel in their formula's of creative calculation ,skewing results to look favorable. Politicians can't get enough money to spend!