It's no secret that the US government is good at two things; collecting taxes (now the more politically correct “raising revenue”), and spending money. Over the past several years it has also taken an interest in steering homeowners in a greener and more energy efficient direction when it comes to residential energy consumption.

Now the FHA (Federal Housing Administration) is offering the PowerSaver Program, a mortgage insurance product. Homeowners desiring to make energy-saving improvements can secure up to a 20-year $25,000 loan to make improvements as outlined and approved by the FHA and the DOE (Department of Energy).

Who Qualifies for Mortgage Insurance?

The loan must be secured by an existing first loan. The homeowner's credit score must be a minimum of 660 points in order to be considered a reasonable credit risk. The debt to income ratio must be 45% or less.

• Wasatch Funds Home

  Atlantic Financial: Over 18,000 Mutual Funds available from Atlantic Financial

• Aim Invesco Funds

• Clipper Funds

• Templeton Mutual Funds Canada

• Evaluating Bond Mutual Funds

  When you buy a bond you essentially loan money to the issuer. In return you receive a percentage of interest on your money. A mutual fund is an investment in the ...