Bullboard - Stock Discussion Forum Brookfield Office Properties Inc T.BPO.PR.C

Primary Symbol: T.BPO.PR.A Alternate Symbol(s): T.BPO.PR.R | BKAAF | T.BPO.PR.T | T.BPO.PR.W | BRPPF | BKOFF | T.BPO.PR.X | BRKFF | T.BPO.PR.Y | BRPYF | BROAF | T.BPO.PR.E | T.BPO.PR.G | T.BPO.PR.I | T.BPS.PR.U | T.BPO.PR.N | BROPF | BOPPF | BKEEF | T.BPO.PR.P

Brookfield Office Properties Inc. is a global office property company. The Company owns, manages, and develops premier assets in the resilient markets. The Company's signature properties define the skylines of dynamic cities around the globe, including New York, Washington, D.C., Houston, Los Angeles, Toronto, Calgary, London, Berlin, Sydney and Perth. From Brookfield Places in New York City... see more

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TSX:BPO.PR.A - Post Discussion

Brookfield Office Properties Inc > The hissing of summer loans.

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Post by wynner on Jun 12, 2024 11:04pm

The hissing of summer loans.

Some financial experts think prime rates (which variable mortgage rates are based on) will fall by 1.0% in 2024. Others, like True North Mortgage CEO Dan Eisner, predict prime rates might be 1.5% lower into the start of next year.

Regardless of how fast they do end up declining — in total, over the next couple of years, prime rates are expected to come down by at least 2.0, resting around 5.20% from a current prime rate of 7.20% (which doesn't include lender discounts). That's a total of at least 8 rate drops (0.25% increments).
https://www.truenorthmortgage.ca/blog/should-you-choose-a-variable-or-fixed-rate

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