🏡 Bitcoin-Backed Home Loans Now a Reality in Australia. By ChainFabricNews

Image source: YouTube Imagine buying your dream home without selling your Bitcoin. Sounds futuristic, right? Well, in Australia, that future is now a reality. In a major step forward for both crypto and real estate, Sydney-based fintech company Block Earner has launched Australia’s first Bitcoin-backed home loans . This means homeowners can now use their Bitcoin as collateral—without having to sell it—to secure a mortgage. And it’s already turning heads across the financial world. 🔍 What’s the Big Deal? Let’s say you’ve been holding Bitcoin for a few years. You’re not ready to sell it, especially with prices still climbing. But you also want to buy a home. Block Earner’s new service lets you borrow up to 50% of a property’s value using your Bitcoin, while still owning the asset. You don’t have to liquidate your holdings or miss out on future gains. And here’s the kicker: borrowers can repay interest-only loans for up to four years. Interest rates start around 9.5% , and l...