Real estate agents, mortgage brokers and buyers, as well as homeowners who want to refinance their loans. in Broward and palm beach counties. "That’s a bitter pill for them," Morden said. Two.
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They agreed that South Florida – where the industry is among the region’s largest economic engines – stands to benefit from the trend. The fifth annual market review, held Dec. 13 at Jungle Island in.
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Experts say that Fannie Mae’s mortgage. tougher in Florida, Blake said. Of the 9,307 condo buildings in Miami-Dade and Broward counties, only 13 are approved for FHA loans, down from 29 in 2015.
Subprime lending has a much bigger share of the South Florida market than the nationwide average of 14.7 percent of all home loans at the end of 2006. In Broward County, 18.4 percent of mortgages are.
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