Housing market stuck as mortgage rates, tariffs and uncertainty jam buyers [Yahoo! Finance]
Lennar Corporation Class A (LEN)
Last lennar corporation class a earnings: 3/19 06:00 am
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Source: Yahoo! Finance
Mortgage rates and a lack of new homes on the market remain the main obstacles to unbinding the $50 trillion-plus housing market. The sector has seen record high prices and notably fewer transactions since the Covid pandemic as overall home-buying costs have surged. Don't miss the move: Subscribe to TheStreet's free daily newsletter The average rate for a 30-year fixed mortgage, pegged at 6.71%, barely budged last week, the Mortgage Bankers' Association reported Wednesday. "Markets remained focused on potential trade-policy changes," while the Federal Reserve held the Federal Funds Rate at its current level, the group's chief economist, Joel Kan, said in a statement. Related: Crushing the dollar won't solve America's debt problem. It'll make it worse That's likely a bad omen for lower rates. Federal Reserve Chairman Jerome Powell was pretty clear in his assessment last week that he's in no rush to lower borrowing costs. And the Trump administration's trade policy is l
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LEN
News
- Lennar (NYSE:LEN) had its price target lowered by analysts at JPMorgan Chase & Co. from $115.00 to $80.00. They now have an "underweight" rating on the stock.MarketBeat
- Lennar (NYSE:LEN) was given a new $137.00 price target on by analysts at UBS Group AG. They now have a "buy" rating on the stock.MarketBeat
- Zonda Welcomes Stephanie Ayres As SVP, Product Development [Yahoo! Finance]Yahoo! Finance
- Lennar (NYSE:LEN) had its price target lowered by analysts at Keefe, Bruyette & Woods from $125.00 to $115.00. They now have a "market perform" rating on the stock.MarketBeat
- Lennar (NYSE:LEN) was given a new $90.00 price target on by analysts at BTIG Research.MarketBeat
LEN
Earnings
- 12/16/25 - Miss
LEN
Sec Filings
- 12/16/25 - Form 8-K
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- LEN's page on the SEC website