UPDATE 2-Lennar profit beats as lower mortgage rates boost home sales
Lennar Corp reported a
higher-than-expected quarterly profit on Tuesday, as lower
mortgage rates boosted home sales during the crucial spring
selling season, sending the No. 2 U.S. homebuilder’s shares up
as much as 3.6%.
higher-than-expected quarterly profit on Tuesday, as lower
mortgage rates boosted home sales during the crucial spring
selling season, sending the No. 2 U.S. homebuilder’s shares up
as much as 3.6%.
Posted by Reuters