BRK-B · News · 20261007N

Interest Rate Environment

BERKSHIRE HATHAWAY INC · 2026-10-07 · Importance 10 · Surprise 6

High mortgage rates are identified as a near-term risk to Lennar, a company in which Berkshire reportedly owns approximately 12%. The exposure links Berkshire’s portfolio to housing affordability and mortgage-rate sensitivity. Long-term U.S. housing shortages may support demand, but elevated borrowing costs could pressure the investment’s operating environment.