lendingtree inc tree shares dove more than 13 in afterhours trading thursday after the lender trimmed its guidance for the quarter as a result of lower levels of homemortgage loans executives said they now expect secondquarter revenue of 259 million to 264 million after previously forecasting 283 million to 293 million and also reduced goals for variable marketing margin and adjusted ebitda the challenging interestrate environment that progressed through this quarter combined with annual inflation persistently running above 8 has presented additional challenges for many of our mortgage lending and insurance partners chief financial officer trent ziegler said in a statement we have seen the most significant impact in our home segment as mortgage rates have nearly doubled over the last six months causing a sharp decline in refinance volumes and more recent pressure on purchase activity ziegler also said that lendingtree executives were reviewing the companys annual guidance and would provide revised guidance for the year when they present full secondquarter results next month lendingtree shares have declined 552 so far this year as the sp 500 index spx has fallen 211