Will mortgage rates in Singapore drop soon? On March 13, the Singapore Overnight Rate Average (SORA rate) dropped to 2.08%, the lowest it’s been since 2022. Just six months ago, mortgage rates were at ...

Along with the SOR to SORA transition on June 30, 2023, the completion of the SIBOR to SORA transition marks the conclusion of the overall SOR and SIBOR interest rate benchmark transition exercise ...

Since the financial crisis in 2009 till April 2022, global interest rates were held at a record low level, with the Singapore Overnight Rate Average (SORA) averaging between 0.01% and 2.00%. This ...

Singapore Exchange is returning to the short-term interest rate futures market after a Libor-reform imposed hiatus, with the bourse set to list three-month futures on the Singapore dollar and yen ...

The Singapore Interbank Offered Rate (SIBOR) was the benchmark interest rate, stated in Singapore dollars, for lending between banks within the Asian market. The banking industry used an interbank ...

The outstanding value of index swaps pegged to the Singapore Overnight Rate Average — or SORA — climbed to almost $2 trillion at the end of May, more than 60% higher than in June 2022, data ...

Brief Background about Home Loans in Singapore There are more than 20 bank and non-bank institutions offering property loans in Singapore, and each one tries to convince you that theirs is the best ...

2. DBS vs OCBC vs UOB Home Loan Let’s take a quick look at the home loan packages offered by DBS, OCBC and UOB at the moment. The home loan packages across the 3 local banks have seen some pretty ...

Mortgages with floating interest rates pegged to benchmarks such as three-month Singapore Interbank Offered Rates (Sibor) and the Singapore Overnight Rate Average (Sora), have also risen ...