# M/I Homes Stock Plummets After Q3 Earnings

> M/I Homes stock drops 8% as high mortgage rates hurt earnings.
- Title: M/I Homes Stock Plummets After Q3 Earnings · Seekingalpha
- Summary: M/I Homes stock drops 8% as high mortgage rates hurt earnings. M/I Homes stock fell 8% after Q3 earnings due to high mortgage rates and a rating downgrade.
- Keywords: m/i homes, mortgage rates, q3 earnings, stock price, rating downgrade, nyse, money, business, Homes, Stock, Plummets, Earnings
- Source: Seekingalpha — https://seekingalpha.com/article/4956334-mi-homes-stock-high-mortgage-rates-cloud-earnings-rating-downgrade
- Author: Caffital Research
- Published: 2026-10-22T13:32:05+00:00
- Read time: 1 min
- Topics: m/i homes, mortgage rates, q3 earnings, stock price, rating downgrade, nyse, money, business
## M/I Homes Q3 Earnings
M/I Homes stock plummeted 8% after Q3 earnings due to a double miss.
## High Mortgage Rates Impact
Housing market conditions are poor as mortgage rates have risen and remain high.
## Mortgage Rate Buydowns Pressuring Margins
MHO's mortgage rate buydowns aimed at stabilizing sales have pressured margins.
## Key takeaway

M/I Homes stock fell 8% after Q3 earnings due to high mortgage rates and a rating downgrade.