Camden Property Trust is trading lower today, largely tracking a broader selloff across the residential REIT sector that has seen peers like Equity Residential and Mid-America Apartment Communities also experience notable declines. This downward pressure coincides with rising mortgage rates, which are hovering near 6.7% as geopolitical tensions in the Middle East exert upward pressure on Treasury yields. While the company recently announced its participation in upcoming real estate conferences and provided a third-quarter operating update, these updates have not insulated the stock from the negative sentiment currently impacting its industry peers.