SORA Rates, Week 39 2026 · 21 SEP – 25 SEP 2026
1. SORA Snapshot
SORA's 3-month figure firmed to 1.23% this week. A 1bp move from 1.22% seven days ago. The overnight rate ranged 0.50% to 1.75% (21 SEP – 25 SEP 2026) this week, ordinary short-term movement rather than a directional shift.
The 3-month figure is what actually reprices most mortgages, and it's the number to anchor on: 1M compounded stands at 1.25%, 6M at 1.16%.
A $500,000 loan absorbs roughly $4 more a month from this week's move alone, illustrative math, not your actual bill. 162 new condo/EC transactions landed in our data this week, averaging $1,782 psf, worth watching alongside the rate moves.
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.
Reach out anytime for a comparison against your preferred bank.
- 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.
SORA and the Fed can point in different directions entirely, since MAS manages policy through the currency, not rates. 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
Don't get pulled in by any single day's number. The 3-month compounded figure is what matters for most homeowners deciding between fixed and floating this week. At 1.23%, 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 over your current loan details and I'll check them against this week's rates, I'll give you a straight answer either way.
Ready to talk numbers?
No pitch. Just an honest conversation about your unit.
