News

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 ...
The Steering Committee for SOR and SIBOR Transition to SORA (SC-STS) have announced the successful completion of the transition from the Singapore dollar swap offer rate (SOR) and Singapore interbank ...
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) is the benchmark interest rate for lending between banks in markets within the Asian time zones.
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 ...
In Singapore, a floating rate home loan can be either a Singapore Interbank Offered Rate (SIBOR)-pegged loan, SORA-pegged loan, or a Fixed Deposit Based Rate (FDR) loan. The lock-in period for ...
When the time comes to buy a home, most Singaporeans go straight for the HDB loan as if on autopilot. It’s only when we’re ineligible for it that we realise that we can take up a DBS, OCBC or UOB home ...
SINGAPORE — Median mortgage rates have roughly doubled here over the last six months as the global effort by central ... expects the three-month Sora rates to rise from 0.3 per cent to about 1 ...