SORA Rates, Week 38 2026 · 14 SEP – 18 SEP 2026
1. SORA Snapshot
SORA's 3-month figure firmed to 1.22% this week. A 2bp move from 1.20% seven days ago. Spot SORA covered 0.50% to 1.55% this week (14 SEP – 18 SEP 2026), the usual amount of churn that shouldn't be mistaken for a trend.
The 3-month figure is what actually reprices most mortgages, and it's the number to anchor on: 1M compounded stands at 1.24%, 6M at 1.15%.
Translate that to a real loan: a $500,000 mortgage feels roughly $8 more a month from this week's move alone. 150 fresh condo/EC caveats came through in our data this week, averaging $1,836 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.
Happy to run a comparison the moment you tell me which bank you're looking at.
- 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 4.68% (as of August 2026, which lags roughly a month behind real time). USD/SGD sat at 1.2760 (as of August 2026), worth watching alongside the rate story.
Local liquidity conditions and MAS's currency policy are the real engine behind SORA, not US rate moves. 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
Ignore the day-to-day noise. The 3-month compounded figure is what matters for most homeowners deciding between fixed and floating this week. At 1.22%, the real decision isn't about the headline Fed news, it's about your own loan structure against where SORA actually sits right now.
Share your current loan numbers and I'll compare them to what's live this week, no sugarcoating either way.
Ready to talk numbers?
No pitch. Just an honest conversation about your unit.
