New York, Jan 29, 2026, 11:36 a.m. ET — Regular session.
- Opendoor shares slipped roughly 2% in midday trading, pulling back after a recent surge.
- A recent SEC filing revealed the company’s strategy to roll out key updates, with CEO Kaz Nejatian using his X account as a primary channel.
- Investors are focused on mortgage rates and Opendoor’s late-February earnings, searching for clues that demand and margins might be leveling off.
Shares of Opendoor Technologies dipped Thursday, prolonging a volatile run as investors digested a new regulatory filing alongside recent U.S. mortgage rate data.
The stock dipped 2.2% to $5.64 in late morning trading, having fluctuated between $5.52 and $5.83 earlier.
Why this matters now: Opendoor operates where housing demand meets financing costs. While falling mortgage rates might lure buyers, limited affordability and patchy inventory keep a lid on transaction volumes.
The company faces a near-term catalyst as investors await updates on unit economics, resale timelines, and cash usage in its report next month. 1
Opendoor filed an 8-K on Jan. 26 detailing the “disclosure channels” it employs under Regulation FD to share information—this includes its website, SEC filings, and social media. The filing noted that CEO Kaz Nejatian’s old X handle is inactive. Going forward, the company plans to use his new handle, @Nejatian, for releasing material non-public information. 2
Rate headlines have dominated the housing market narrative. Freddie Mac’s latest weekly survey showed the average U.S. 30-year fixed mortgage rate at 6.09% as of Jan. 22—still hovering near a three-year low despite a slight rise. 3
Bankrate’s latest lender survey shows the 30-year fixed mortgage rate slipping to 6.18% this week, down from 6.25% last week. Some market players sounded a more optimistic note on supply and pricing. “With more housing inventory coming online and home prices starting to level off, this remains a promising environment for those looking to buy or refinance,” said Samir Dedhia, CEO of One Real Mortgage. 4
For Opendoor, interest rates are just one piece of the puzzle. Investors are also zeroing in on how fast the company can flip homes without slashing prices too much, particularly if local markets cool or buyer demand dips with the seasons.
But the risks remain: if mortgage rates climb again or inventory grows faster than demand, Opendoor might see slower sales and be forced to slash prices to offload homes, putting pressure on contribution margins and cash flow.
Traders have long viewed housing-linked equities as sensitive to interest rate shifts. Their mood tends to swing sharply with Treasury yield changes and macroeconomic data. Stocks like Redfin and Zillow often move in tandem on those rate-focused days.
Investors are now focused on Opendoor’s upcoming earnings report and outlook, due Feb. 26. The key points to watch will be remarks on demand trends heading into early spring, along with any updates on inventory and unit profitability. 1
