SORA Rates, Week 34 2026 · 17 AUG – 21 AUG 2026
1. SORA Snapshot
SORA's 3-month compounded figure moved up to 1.15% this week. A 2bp move from 1.13% seven days ago. This week's spot print ranged 0.40% to 1.75% (17 AUG – 21 AUG 2026), volatile day to day but not worth over-reading on its own.
The 3-month figure is what actually reprices most mortgages, and it's the number to anchor on: 1M compounded stands at 1.20%, 6M at 1.11%.
Put in dollar terms: on a $500,000 loan, this week's 2bp move works out to roughly $8 more a month in interest. Transaction heat check: 393 new condo/EC deals in our data this week, averaging $1,902 psf.
2. Bank Rates We're Tracking
2 of the many banks we work with are giving these rates this week: HLF fixed at 1.85%; UOB at 3M SORA + 0.7%. Just examples of what's live right now.
If there's a specific bank you bank with, let me know and I'll check their current rate.
- HLF fixed at 1.85%
- UOB at 3M SORA + 0.7%
3. Macro Context
The US Fed funds rate stood at 3.63% and the US 10-year Treasury yield at 4.6% (as of July 2026, which lags roughly a month behind real time). USD/SGD sat at 1.2820, worth watching alongside the rate story.
SORA isn't wired to the Fed the way some assume. MAS's exchange-rate policy and local liquidity conditions matter more. When SORA and the Fed's stance are pointing in different directions, that divergence is the actual story, not a coincidence to skip past.
4. Ron's Read
Look past the daily headline. The 3-month compounded figure is what matters for most homeowners deciding between fixed and floating this week. At 1.15%, the real decision isn't about the headline Fed news, it's about your own loan structure against where SORA actually sits right now.
Send me your current loan numbers and I'll run them against this week's actual rates, happy to tell you plainly whether it's worth refinancing or not.
Ready to talk numbers?
No pitch. Just an honest conversation about your unit.
