Opendoor Home Loans exits beta with fixed and adjustable mortgages

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Opendoor Home Loans Exits Beta With Fixed- and Adjustable-Rate Mortgages

September 4, 2026 4:05 PM EDT

Opendoor Home Loans now offers 30-, 20-, and 15-year fixed-rate mortgages, plus 5/6, 7/6, 10/6 adjustable-rate mortgages for any home purchase in markets where Opendoor Home Loans is licensed.

SAN FRANCISCO, Sept. 04, 2026 (GLOBE NEWSWIRE) -- Opendoor (NASDAQ: OPEN), the e-commerce platform for residential real estate, today announced that Opendoor Home Loans has exited beta and now offers 30-, 20-, and 15-year fixed-rate mortgages, plus 5/6, 7/6, and 10/6 adjustable-rate mortgages.

The announcement comes as mortgage rates move higher. Freddie Macs weekly survey reached 6.71% for a 30-year fixed mortgage and 6.04% for a 15-year fixed... More