The Trump administration wants to allow crypto-backed mortgages. Here's why
5 Articles
5 Articles
BTC, ETH, DOGE: Trump Administration Considers Allowing Crypto-Backed Mortgages
The president is trying to boost the slumping housing market.
Cryptohome? White House Pushes for Crypto-Backed Mortgages
Homeownership has always been the cornerstone of the American Dream, but with median home prices stuck around $400,000 for years now, that dream feels farther out of reach for too many families. Enter a fresh twist from the Trump White House: letting cryptocurrency count as collateral for mortgages. It’s not about turning your Bitcoin into a down payment overnight, but treating digital assets like stocks when banks size up your financial picture…
The Trump administration wants to allow crypto-backed mortgages. Here’s why – DG Verifications & Stats
It’s no secret that buying a home is expensive. The average sales price for U.S. homes has hovered around $400,000 since the end of 2021, according to the Federal Reserve Bank of St. Louis. Most homebuyers looking to cover that cost turn to mortgage lenders, who pore over financial details like salaries, bank balances and retirement accounts to determine how risky it is to lend the money. That review process has typically excluded crypto asset…
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