Opendoor stock jumps 13% as Trump orders $200B mortgage bond buys — what investors watch next
New York, January 9, 2026, 19:01 EST — After-hours Opendoor Technologies Inc (OPEN.O) shares rose 13.2% to $7.29 on Friday after hitting an intraday high of $7.91. The stock traded about 167 million shares. The move followed President Donald Trump’s order for $200 billion of mortgage bond purchases; Federal Housing Finance Agency Director Bill Pulte said Fannie Mae and Freddie Mac would execute the buys. TD Cowen wrote the buying could narrow the gap between the 30-year mortgage rate and the 10-year Treasury yield, while Jefferies pegged the rate needed to bring buyers back in the mid- to high-5% range