Tag: Lennars

Lennar’s Q2 profit tops estimates on higher home deliveries

(Reuters) -Lennar Corp beat Wall Street estimates for second-quarter profit on Monday, helped by sustained demand for new houses as the U.S. homebuilder cut base prices to lure in skittish buyers in the face of high mortgage rates. With the popular 30-year fixed mortgage rate currently at a two-decade high of nearly 7%, existing housing […]