Home > Business > Lennar profit halves as higher mortgage rates pressure homebuyers

Lennar profit halves as higher mortgage rates pressure homebuyers

Written By: TDG Syndication
Last Updated: September 17, 2026 03:45:05 IST

Sept 16 (Reuters) – Lennar on Wednesday reported third-quarter profit that more than halved as persistently high mortgage rates weighed on demand for new homes. The Miami, Florida-based homebuilder's

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Latest News

The Daily Guardian is India’s fastest
growing News channel and enjoy highest
viewership and highest time spent amongst
educated urban Indians.

Follow Us

© Copyright ITV Network Ltd 2025. All right reserved.

The Daily Guardian is India’s fastest growing News channel and enjoy highest viewership and highest time spent amongst educated urban Indians.

© Copyright ITV Network Ltd 2025. All right reserved.