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Weiss Ratings issues warning over crypto mortgage risks

05/03/2022

Less than a minute

2022.05.03 09:26

Weiss Ratings issues warning over crypto mortgage risks

Florida-based ratings and research firm Weiss Ratings has fired out a warning over the risks of crypto mortgages amid the current economic climate in the United States.

The company paid particular focus to Milo, a digital banking startup from Miami that offers 30-year mortgages backed by Bitcoin (BTC), Ethereum (ETH), or stablecoins as collateral. The firm requires zero down payments, and its loan rates vary between 3.95% and 5.95%.

05/03/2022

Less than a minute

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