SORA Rates, Week 40 2026 · 28 SEP – 02 OCT 2026
1. SORA Snapshot
3-month compounded SORA held steady this week at 1.23%. A 0bp move from 1.23% seven days ago. The spot overnight print swung between 0.70% and 1.65% across the week (28 SEP – 02 OCT 2026), so don't read too much into any single day's number.
The 3-month figure is what actually reprices most mortgages, and it's the number to anchor on: 1M compounded stands at 1.27%, 6M at 1.17%.
Rough numbers: $500,000 loan, about $0 more a month from this week's move, a scale check, not gospel. 129 new condo/EC transactions landed in our data this week, averaging $1,805 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.
Have a bank you're eyeing? I'll pull their current rate and compare it for you.
- HLF fixed at 1.85%
- UOB at 3M SORA + 0.7%
3. Macro Context
The US Fed funds rate stood at 3.75% and the US 10-year Treasury yield at 4.99%. USD/SGD sat at 1.2728, worth watching alongside the rate story.
It helps to separate the two: the Fed sets US policy, MAS manages SGD via the exchange rate, and SORA follows the latter. 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 1.23%, the real decision isn't about the headline Fed news, it's about your own loan structure against where SORA actually sits right now.
Pass me your loan numbers and I'll run the comparison against this week's rates, I'll tell you straight if refinancing makes sense.
Ready to talk numbers?
No pitch. Just an honest conversation about your unit.
