Energy-Efficient Homes Less Likely to Default

Homeowners purchasing energy-efficient houses are less likely to default on their mortgage, according to a recent University of North Carolina study. Based on a survey of 71,000 home loans from throughout the country, the researchers confirmed that home mortgages with Energy Star certifications were 32 percent less likely to default, compared to those with no energy efficiency enhancements. It was pointed out that owners of energy-efficient homes are able to save money on utility bills, which they can then apply toward their mortgage payments.

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*

©2017 Broker Banker Magazine all rights reserved

Pritzer MediaAdvertising and Marketing Agency

Log in with your credentials

Forgot your details?