TechFlow news, November 27 — According to Cointelegraph, a report by research economists at the U.S. Department of the Treasury reveals that an increasing number of low-income households are using profits from cryptocurrency investments to apply for mortgage loans to purchase homes. The report indicates that in areas with high cryptocurrency adoption, mortgage loan rates among low-income households have increased by over 250%, while the average mortgage balance has risen from approximately $172,000 in 2020 to about $443,000 in 2024, marking a 150% increase.
Add to Favorites
Share to Social Media
