The Trump administration wants to allow crypto-backed mortgages. Here's why
CNBC·2025-11-10 15:40
It's no secret that buying a home is expensive. The average sales price for U.S. homes has hovered around $400,000 since the end of 2021, according to the Federal Reserve Bank of St. Louis. Most homebuyers looking to cover that cost turn to mortgage lenders, who pore over financial details like salaries, bank balances and retirement accounts to determine how risky it is to lend the money.That review process has typically excluded crypto assets. But for the roughly 15% of Americans who invest in digital ass ...