Buying a home usually means saving up cash for a down payment. But what if you could skip selling your crypto instead? A new plan lets future homeowners use Bitcoin or USDC from a Coinbase account as collateral for their down payment loan. This means no need to cash out crypto early, which could loc
In a bold move, a Pennsylvania lender, Newrez, is set to accept cryptocurrency as part of mortgage applications starting next month. This shift aligns with a broader trend, as the US Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac last year to explore crypto's role in home
The idea of portable mortgages is making waves. It's a concept where homeowners can take their mortgage with them when they move. This means keeping the same interest rate and terms instead of getting a new loan. The goal? To get more people moving in a slow housing market. Right now, many homeowne
The idea of portable mortgages is making waves in the housing market. This concept would let homeowners move their current mortgage to a new home, keeping their old interest rate and terms. It sounds like a dream for those stuck with low rates, but is it really the solution to the housing market's p
High-profile business leaders and the U. S. President recently sat down to discuss some serious money matters. The chat covered everything from the rising cost of living to making it easier for people to buy homes. Big names like Jamie Dimon from JPMorgan Chase and Adena Friedman from Nasdaq were th
The housing market is seeing some big changes. Buyers are starting to look at riskier loans. This is happening because interest rates are going up. Last week, mortgage rates hit their highest point since February 2023. This jump in rates has made some buyers think twice. But others are turning to lo
The Federal Reserve is expected to keep interest rates steady. This means that people who want to borrow money might have to wait a bit longer for better loan deals. On the other hand, savers might enjoy more stable returns on their savings accounts. The central bank has been raising and lowering
Mariah Carey, the renowned singer-songwriter, is known for her extravagant lifestyle, which seems to have taken a toll on her finances. With a reported net worth of $350 million, one might expect her to effortlessly manage her wealth. However, numerous cash grabs and property sales have left Mariah
The past week has been filled with notable business news, from CEOs being fired to record-low interest rates and major mergers. Norfolk Southern CEO Alan Shaw was let go after an investigation found he violated company policies by engaging in a consensual relationship with the chief legal officer. T
The notion that high schoolers are clueless about finances is a popular notion that has been perpetuated through media and public discourse. However, is this assumption truly based on facts, or is it a misconception rooted in biases and stereotypes? To find out, I devised a money quiz to test the fi
