Studies suggest utility, transportation expenses should figure into mortgage applications

Recent studies strongly suggest a homeowner's utility expenses and transportation expenses can be meaningful determinants of delinquency, default, and prepayment.

May 22, 2013

Recent studies strongly suggest a homeowner's utility expenses and transportation expenses can be meaningful determinants of delinquency, default, and prepayment. A new study by University of North Carolina economists found 30 percent better loan performance for Energy Star houses, and another paper found better loan performance for houses in "location efficient" neighborhoods.

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