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Category: mortgage
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Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property
“Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report.
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As Virtual Real Estate Gets Pricey Terrazero Technologies Provides Metaverse Mortgages
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Jim Cramer cashes out half his ‘phoney money’ Bitcoin to pay off mortgage
CNBC host Jim Cramer says he’s “won,” cashing out half of his Bitcoin portfolio to pay off his mortgage, stating that it’s “phoney money paying for real money.”
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Canadian Company Mogo Offers Bitcoin Rewards for Clients Engaging in a New Mortgage or Refinancing
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Pioneering Aussie engineer refinances home loan using DeFi in a single day
After hitting a wall with banks, a borrower has turned to DeFi to pay off his mortgage.
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Russia’s Central Bank to Launch Blockchain-Powered Digital Mortgage Platform
The Central Bank of Russia is intending to use a local, FSB-approved blockchain for its upcoming e-mortgage project.
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Owning Fiat Just Got More Expensive – NIRP Strikes Again
With the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling to find ways to preserve their wealth, while USB and others scramble to dam the losses resulting from national negative interest rate policy (NIRP). The relatively recent experiments with NIRP […]
The post Owning Fiat Just Got More Expensive – NIRP Strikes Again appeared first on Bitcoin News.
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Millennials Will Never Recover From 2008 Financial Crisis, Student Loans Worsen the Issue
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Some UK Mortgage Lenders Refuse to Serve Bitcoin Investors
British bitcoin investors trying to use their earnings to buy real estate are facing difficulties in securing loans from mortgage lenders. Several building societies refuse to work with them even after they converted the cryptocurrency to fiat and provided a paper trail for its origins. Also Read: Pineapple Will Match up to $4M in Bitcoin […]
The post Some UK Mortgage Lenders Refuse to Serve Bitcoin Investors appeared first on Bitcoin News.
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