Three Stocks Most at Risk as Mortgage Rates Surge Past 7%
US mortgage rates continued rising this month and are now at their highest level since January of last year. They have soared to 7.03%, much higher than this year's low of 5.98%.
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Opendoor Technologies Announces Offering Of $650M Of 0% Convertible Senior Notes Due 2030; Intends To Repurchase ~45.3M Shares For $158M, Or $3.49 Per Share, Concurrently With The Offering
Opendoor Technologies Inc. (NASDAQ:OPEN) (the "Company"), a leading e-commerce platform for residential real estate transactions, today announced a series of transactions whose proceeds will add $440 million of
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Shares of real estate-related companies are trading lower as Treasury yields and mortgage rates rise to multiyear highs, which could lead to lower home sales and weaker rent demand for commercial properties.
Transcript: Opendoor Technologies Q2 2026 Earnings Conference Call
Opendoor Technologies (NASDAQ:OPEN) held its second-quarter earnings conference call on Tuesday. Below is the complete transcript from the call. Benzinga APIs provide real-time access to earnings call transcripts and
JP Morgan Maintains Overweight on Opendoor Technologies, Lowers Price Target to $7
JP Morgan analyst Dae Lee maintains Opendoor Technologies (NASDAQ:OPEN) with a Overweight and lowers the price target from $8 to $7.