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Today's Mortgage Rates

Compare Opendoor Home Loans mortgage rates against the market. Updated daily.

30-Year Fixed-Rate Conventional Mortgage

Opendoor 30-year fixed-rate conventional mortgage rate compared to the market average
 Opendoor Home LoansMarket Average
Interest Rate6.250%*6.541%
APR6.274%6.567%
Lender Fees$0Varies
Origination Fees$0Varies
Minimum Down Payment3%Varies

Updated July 22, 2026 · 30-year fixed · 780+ credit score · ≤80% LTV · CA

*This rate includes a permanent mortgage rate buydown paid by Opendoor Home Loans. Available only to qualified buyers on eligible Opendoor properties. 30-year fixed-rate conventional loan. For illustrative purposes only, an example loan at the above Opendoor rate and 6.274% APR: On a $400,000 loan with 25% down, 0% origination fee, and a 780 FICO score, the estimated monthly principal and interest payment would be $2,462.87. Because Opendoor Home Loans LLC charges 0% origination, the APR shown reflects the interest rate plus prepaid interest at closing as the only finance charge. APR is calculated under Truth in Lending Act (TILA / Regulation Z) standards, assuming a typical 15-day mid-month close. Taxes and insurance not included; actual payment obligation will be greater. Rate as of 07/23/2026. The National Average is from Optimal Blue via FRED and is for comparison only. Based on Optimal Blue loan-level lock data (February 2026, conventional conforming 30-year fixed-rate purchase loans).

All mortgage services from Opendoor are provided by Opendoor Home Loans LLC; Company NMLS ID #2810193 (www.nmlsconsumeraccess.org); 1295 West Washington Street, Suite 115, Tempe, AZ 85288; (480) 618-6760. This is not an offer for extension of credit or a commitment to lend. Loans are currently being closed and committed at the expressed rates, however these rates may change or may not be available at the time of your interest rate lock-in, commitment or closing. All loans must satisfy company underwriting guidelines. Interest rates and Annual Percentage Rates (APRs) are: based on recent market rates, for informational purposes only, and may be subject to pricing add-ons related to property type, loan amount, loan-to-value ratio, credit score and other factors. Terms and conditions apply. Additional loan programs may be available. Rates, terms, and availability are subject to change without notice. Opendoor Home Loans LLC is currently licensed to originate mortgage loans in Alabama, Arizona, Colorado, District of Columbia, Iowa, Kansas, Louisiana, Nebraska, Oklahoma, Oregon, Texas, Wisconsin, and Wyoming only.


Opendoor Home Loans Mortgage Rates vs Market

Over the past 164 days, Opendoor Home Loans rates with no origination fee have averaged 0.583% lower than the market average.

Average mortgage rates for borrowers with 780+ credit and 20%+ down. Opendoor rates may vary by state, credit score, and loan amount. Not all borrowers will qualify. Your rate may be different. Optimal Blue data from FRED (Federal Reserve Economic Data).

Available only to qualified buyers on eligible Opendoor properties. 30-year fixed-rate conventional loan. For illustrative purposes only, an example loan at the above Opendoor rate and 6.526% APR: On a $400,000 loan with 20% down, 0% origination fee, and a 780 FICO score, the estimated monthly principal and interest payment would be $2,528.27. Because Opendoor Home Loans LLC charges 0% origination, the APR shown reflects the interest rate plus prepaid interest at closing as the only finance charge. APR is calculated under Truth in Lending Act (TILA / Regulation Z) standards, assuming a typical 15-day mid-month close. Taxes and insurance not included; actual payment obligation will be greater. Rate as of 07/23/2026. The National Average is from Optimal Blue via FRED and is for comparison only. Based on Optimal Blue loan-level lock data (February 2026, conventional conforming 30-year fixed-rate purchase loans).

All mortgage services from Opendoor are provided by Opendoor Home Loans LLC; Company NMLS ID #2810193 (www.nmlsconsumeraccess.org); 1295 West Washington Street, Suite 115, Tempe, AZ 85288; (480) 618-6760. This is not an offer for extension of credit or a commitment to lend. Loans are currently being closed and committed at the expressed rates, however these rates may change or may not be available at the time of your interest rate lock-in, commitment or closing. All loans must satisfy company underwriting guidelines. Interest rates and Annual Percentage Rates (APRs) are: based on recent market rates, for informational purposes only, and may be subject to pricing add-ons related to property type, loan amount, loan-to-value ratio, credit score and other factors. Terms and conditions apply. Additional loan programs may be available. Rates, terms, and availability are subject to change without notice. Opendoor Home Loans LLC is currently licensed to originate mortgage loans in Alabama, Arizona, Colorado, District of Columbia, Iowa, Kansas, Louisiana, Nebraska, Oklahoma, Oregon, Texas, Wisconsin, and Wyoming only.


Opendoor Home Loans Interest Rates and Home Affordability

A lower rate means a lower monthly payment. Click the home price to see the difference at different price points.

Monthly payment comparison at Opendoor rate vs market rate
3% down on a homeWith Opendoor Home LoansAt Market Rate
Rate6.250%*6.541%
APR6.274%6.567%
Down Payment$12,000$12,000
Monthly P&I Payment$2,389$2,463
Monthly Savings$74/mo

*This rate includes a permanent mortgage rate buydown paid by Opendoor Home Loans. Available only to qualified buyers on eligible Opendoor properties. 30-year fixed-rate conventional loan. For illustrative purposes only, an example loan at the above Opendoor rate and 6.274% APR: On a $388,000 loan with 3% down, 0% origination fee, and a 720 FICO score, the estimated monthly principal and interest payment would be $2,388.98. Because Opendoor Home Loans LLC charges 0% origination, the APR shown reflects the interest rate plus prepaid interest at closing as the only finance charge. APR is calculated under Truth in Lending Act (TILA / Regulation Z) standards, assuming a typical 15-day mid-month close. Taxes and insurance not included; actual payment obligation will be greater. Rate as of 07/23/2026. The National Average is from Optimal Blue via FRED and is for comparison only. Based on Optimal Blue loan-level lock data (February 2026, conventional conforming 30-year fixed-rate purchase loans).

All mortgage services from Opendoor are provided by Opendoor Home Loans LLC; Company NMLS ID #2810193 (www.nmlsconsumeraccess.org); 1295 West Washington Street, Suite 115, Tempe, AZ 85288; (480) 618-6760. This is not an offer for extension of credit or a commitment to lend. Loans are currently being closed and committed at the expressed rates, however these rates may change or may not be available at the time of your interest rate lock-in, commitment or closing. All loans must satisfy company underwriting guidelines. Interest rates and Annual Percentage Rates (APRs) are: based on recent market rates, for informational purposes only, and may be subject to pricing add-ons related to property type, loan amount, loan-to-value ratio, credit score and other factors. Terms and conditions apply. Additional loan programs may be available. Rates, terms, and availability are subject to change without notice. Opendoor Home Loans LLC is currently licensed to originate mortgage loans in Alabama, Arizona, Colorado, District of Columbia, Iowa, Kansas, Louisiana, Nebraska, Oklahoma, Oregon, Texas, Wisconsin, and Wyoming only.


Opendoor Home Loans Mortgage Rates FAQ

How often are these rates updated?
Opendoor Home Loans rates are updated daily. Optimal Blue market rates (via FRED) are updated daily on business days.
Why is the Opendoor Home Loans rate lower than the market average?
Mortgage rates vary by lender based on their cost structure, pricing strategy, and the specific loan terms offered. Opendoor Home Loans offers competitive conventional mortgage rates with $0 lender fees and no origination fees. Your actual rate will depend on your credit score, down payment, loan amount, and other factors.
What is the minimum down payment for an Opendoor Home Loans mortgage?
Opendoor Home Loans offers conventional mortgages with as little as 3% down payment. For example, on a $400,000 home, the minimum down payment would be $12,000. Borrowers putting less than 20% down will pay private mortgage insurance (PMI).
What is Optimal Blue and why is it used as a benchmark?
Optimal Blue is a mortgage pricing engine used by thousands of lenders. The Optimal Blue Mortgage Market Indices (OBMMI), published through FRED (Federal Reserve Economic Data), represent real-time market rates across multiple lenders, broken down by credit score and loan-to-value tiers. It is one of the most accurate real-time benchmarks available.
Do these rates include points or fees?
Opendoor Home Loans rates include $0 lender fees and no origination fees. Optimal Blue rates represent market averages. When comparing offers from other lenders, always look at the APR and total loan costs — not just the interest rate. APR includes all finance charges and will vary based on your specific loan scenario.
What is the relationship between Homebuyer.com and Opendoor?
Homebuyer.com is operated by Opendoor and is not a mortgage lender or broker; it does not originate loans or make credit decisions. We provide independent mortgage education, research, and tools, and separately showcase mortgage products from Opendoor Home Loans LLC (NMLS #2810193), which advertises on Homebuyer.com. Our research and data analysis maintain editorial independence.

Last updated: 2026-07-23

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