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Some are puzzled how.","url":"https://stock-news.laohu8.com/highlight/detail?id=2616175383","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2616175383?lang=en_us&edition=fundamental","pubTime":"2026-03-03 16:42","pubTimestamp":1772527320,"startTime":"0","endTime":"0","summary":"The chief executive of Opendoor Technologies says his company is offering mortgages a full percentage point below the national average, a move that puzzles some observers wondering about its effect on the company's business.In a post on X, CEO Kaz Nejatian says it's offering 4.99% mortgages to buyers who use Opendoor , the company that buys and flips homes online. The average 30-year fixed-rate mortgage was 5.98% in the week ending Feb. 26, according to Freddie Mac.\"The product is in beta still. We have a lot to learn. Going well. Very early days,\" he said.In a subsequent post, he added there are no \"points,\" the term used for upfront fees that can be used as a way to reduce the mortgage rate. He also clarified the product is only for homes bought on Opendoor's platform.The social-media post drew a puzzled reaction as to how Opendoor can afford to offer such financing.One investor, Orange Capital's Daniel Lewis, said Opendoor is either buying homes 4% below market price, selling them 4","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OPEG","BK4562","OPEN","OPEX","BK4079","BK4561"],"isVideo":false,"video":null,"gpt_icon":1},{"id":"2616649365","title":"Opendoor Stock Is Sliding Monday: What's Driving The Action?","url":"https://stock-news.laohu8.com/highlight/detail?id=2616649365","media":"Benzinga_recent_news","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2616649365?lang=en_us&edition=fundamental","pubTime":"2026-03-03 04:15","pubTimestamp":1772482500,"startTime":"0","endTime":"0","summary":"Opendoor Technologies shares are trading lower Monday, trimming last month's post-earnings surge as investors reassess its profit path.","market":"us","thumbnail":"https://cdn.benzinga.com/files/images/story/2026/03/02/Apex--North-Carolina---August-25-2025-Op.jpeg?optimize=medium&dpr=2&auto=webp&width=240","type":0,"news_type":0,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/03/02/Apex--North-Carolina---August-25-2025-Op.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/trading-ideas/movers/26/03/50981347/opendoor-stock-is-sliding-monday-whats-driving-the-action","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/trading-ideas/movers/26/03/50981347/opendoor-stock-is-sliding-monday-whats-driving-the-action","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"benzinga_recent_news","symbols":["BK4079","BK4561","OPEX","OPEG","BK4562","OPEN"],"isVideo":false,"video":null,"gpt_icon":1}],"pageSize":20,"totalPage":10,"pageCount":10,"totalSize":182,"code":"91000000","status":"200"}]}}