From Blockchain to Backyard: Your Crypto Mortgage May Be Here Soon!
A big change is happening: the U.S. government agency called the FHFA is telling Fannie Mae and Freddie Mac to start looking at cryptocurrency when they check if someone can get a home loan.
This means that if you own crypto (like Bitcoin), you might be able to use it to help you get a mortgage to buy a house.
This idea matches what Donald Trump wants, to use crypto more in the U.S. financial system.
But because crypto prices go up and down a lot, they are making safety rules. Also, only crypto that is kept on big U.S. crypto websites (that are watched by the government) will count.
Impact on the Real Estate Market
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Increased Buying Power:
Homebuyers holding crypto (e.g., Bitcoin, Ethereum) can now leverage these assets as collateral or part…