I received a great tip from a reader recently about green mortgages. If this concept is new to you (as it was to me) you are probably wondering what a green mortgage actually is.
To put it simply, a green mortgage is when you borrow money to make upgrades on your home in order to make it more energy efficient and environmentally friendly. You get to borrow the money as part of your mortgage so you can make one single payment instead of two. And, as mortgages usually have lower interest rates than other types of loans, you will be able to borrow at a fairly low interest rate.