Lenders to revamp rules to reward energy savings.

The Senate is considering bipartisan legislation that would require Fannie Mae, Freddie Mac, the FHA, and other federal mortgage entities to revamp their rules to reward energy savings, according to the National Associaion of Realtors.

Supporters of energy efficiency want lenders to take the net savings from energy improvements into consideration when they underwrite and impose mortgage fees, and they also want appraisers to take into account the value of these retrofits.  Read the details here: 

Lenders Add Green Tints to Mortgages

It is a great time to list or buy a home! 

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