Higher mortgage rates test Lennar margins
Barron's says mortgage rates above 7% is unwelcome for home builders, and Lennar’s third-quarter results and forward guidance will show how much that affects the company’s margins.
Mortgage rates moving above 7% are an unwelcome development for home builders. Lennar's third-quarter results and forward guidance will show how much pressure the higher rates are putting on the company. S. st…