One of the two largest #Mortgage providers in the #US just decided you can use #BitCoin when you offer collateral, effectively allowing every #TechBro in the country to cash out at the same time. The #Mortgages will be left unbacked if defaulted on, since there is no way for the bank to cash out after seizing them. 
#FinancialNews #RealEstate #Finance #2008financialcrisis
https://finance.yahoo.com/markets/crypto/articles/coinbase-fannie-mae-enable-crypto-120846995.html

Coinbase, Fannie Mae to Enable Crypto-Backed Mortgages
The government-sponsored mortgage giant will accept Bitcoin and USDC as collateral through a new program with Better Home and Coinbase.
Yahoo Finance
How to survive our doomed times? Both the experts and I have the same advice
We have two choices: be paralysed by fear or just continue with what we are doing. I know what I choose, says Guardian columnist Emma Brockes
The Guardian
UK mortgage interest rates will rise four times this year, markets predict
Investors believe Bank of England is likely to act amid sustained rise in inflation from Iran war
The Guardian#nzpol can anyone explain to me why ANZ and BNZ are raising their mortgage rates today please?
#banking #mortgages #costofliving *edit: just ANZ