Are crypto mortgages too risky right now? This analyst thinks so 😬
Investors should be "skeptical" of crypto mortgages — with an analyst warning current market conditions mean they're very risky.
Markman claims that some of these lenders have a larger plan of pooling these home loans and offering them as bonds to asset managers. Striking a note of caution, he wrote: And with the Fed set to increase interest rates this week — causing the cost of mortgages to spiral — Markman fears we'll soon see "fewer buyers and lower home prices" as the property market begins to cool."The product seems to be like a win-win, assuming real estate and crypto prices keep rising ... except there are signs both bets are unlikely to be winners in the near term.
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