Use Bitcoin to Buy a House? It?s Happening! #Crypto #Bitcoin #Ethereum #Mortgage #Money #House
2 months ago
Ethereum
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Use Bitcoin to Buy a House? It?s Happening!
A new move from the FHFA could bring crypto into the mortgage world. Fannie Mae and Freddie Mac are exploring how to accept crypto like Bitcoin or Ethereum as assets during mortgage underwriting.
That means you may not need to cash out your crypto to qualify for a home loan. Even Fed Chair Jerome Powell says banks are getting more comfortable with digital assets. Still, crypto?s volatility means lenders will need smart risk protections in place.
Would you trust crypto in the homebuying process, or is it still too risky?
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