November 19th, 2018

Green is the new black. On Friday, Freddie Mac announced the launching of its new GreenCHOICE mortgages, which are designed with broader financing options to help lower-income families afford home improvements for better energy efficiency. According to Freddie Mac’s Mike Dawson, “Older homes tend to be more energy inefficient, which may raise the cost of homeownership and may make them more difficult to maintain. GreenCHOICE Mortgages is part of a multiyear initiative to facilitate energy-saving improvements that could help families better sustain homeownership.”