TSX:NRR.UN - Post by User
Post by
DanielDardenon Jan 11, 2025 12:37pm
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Post# 36399445
Stepping Up Again!
Stepping Up Again!Opportunity is in the eye of the beholder. With U.S. bond yields up again some are forgetting that Can. has already lowered rates substantially. CMHC backed mortgages (90%) offer lower rates and debt is being reduced at the same time. Discount to NAV/u is ~50% and a well covered yield of 7.5%. The cut in immigration will affect large urban centres only IMO. Adding on weakness!