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Lennar profit halves as higher mortgage rates pressure homebuyers

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Last Updated: September 17, 2026 03:50:10 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.)

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