News

Home energy efficiency cuts mortgage default rates—analysis

Friday, July 16th, 2010 at 8:42 am

An analysis reveals that energy-efficient homes have significantly lower default and delinquency rates than typical homes–making it even harder to understand why Fannie Mae and Freddie Mac made the move to kill the PACE program, which made efficiency improvements affordable for many who otherwise might not have been able to make the changes.

Grist