Wednesday, July 11, 2007
Green mortgages
Portlandneighborhood.com has a new real estate blog. And the first entry is energy-efficient mortgages! Basically the mortgage broker calculates how much energy you'll save through efficient construction, design or remodeling and that amount is added to the borrower's income in calculating the mortgage. You can borrow more, presumably because you're not paying as much for energy.
Check it out: Ross's Reader
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