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Is Annaly Capital Management a Buy?

TheMotleyFool

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Is Annaly Capital Management a Buy?Photo, wide shot, wide-angle lens, Private equity firm, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.theapi.app/temp/2b695cca-48cb-4195-802a-e3385fb90ec0.png

The past year was downright awful for the mortgage space. Mortgage originators reported a collapse in origination volumes while mortgage real estate investment trusts (REITs) struggled with mortgage underperformance.

Now that interest rates seem to be falling, investors are taking a fresh look at mortgage REITs. Is Annaly Capital (NYSE: NLY) a buy at these levels?

Image source: Getty Images.

Source Fool.com

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