Energy Efficient Mortgages: The Next Big Thing?
Factoring energy use into the mortgage process is a win-win.
Factoring energy use into the mortgage process is a win-win.
PACE, MEETs, and more.
Driven by a need to foster economic development, create jobs, and address environmental concerns, cities are increasingly recognizing the need to encourage investment in building performance with creative financing mechanisms. Making the largest impact possible with limited funds can be challenging. However, cities now have an abundance of governmental and private sector tools available to … Continued
FHA rule factors efficiency.
So, you are thinking about retrofitting an existing building or building a new one with green, high performance, and energy-efficient features. What is the best way for you to position your building from a valuation standpoint? Because these buildings are different, owners have had to change not only how they design, build, and market, but also how they approach financing and … Continued
What Delaware needs to make widespread adoption of energy-efficient homes a reality.
The Sensible Accounting to Value Energy (SAVE) Act, S. 1106
Study finds mortgages on efficient homes are 32 percent less likely to default.
Many have theorized that energy-efficient homes should have lower default risks than standard homes because the former are associated with lower energy costs, which leaves more money to make the mortgage payment. However, few empirical studies have been conducted due to limited data availability. This study examines actual loan performance data obtained from CoreLogic, the … Continued
Many have theorized that energy-efficient homes should have lower default risks than standard homes because the former are associated with lower energy costs, which leaves more money to make the mortgage payment. However, few empirical studies have been conducted due to limited data availability. This study examines actual loan performance data obtained from CoreLogic, the … Continued