Beijing prodding may have reversed much of the week’s equities market pain, though I doubt positive sentiment will return anytime soon. Click here to read a weekly update.
Crypto mortgages are the latest example of the deepening role of digital coins in the U.S. real estate market, with property buyers and lenders alike embracing the volatile currencies to underpin deals for hard assets.
A Florida mortgage firm is allowing buyers to make home purchases using crypto. Milo is allowing borrowers up to $5 million over a 30 year term at 3.95-5.95%.