Research links energy efficiency to on-time mortgage payments

03/31/2013 | Blade (Toledo, Ohio), The

Research from the University of North Carolina has found that mortgages on homes with Energy Star certifications are 32% less likely to default compared with mortgages on homes that have no energy efficiency improvements. "It stands to reason that energy-efficient homes should have a lower default rate because the owners of these homes save money on their utility bills, and they can put that money toward their mortgage payments," said Cliff Majersik of the Institute for Market Transformation in Washington, D.C., which sponsored the research.

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Blade (Toledo, Ohio), The

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