SORA Weekly, Week 42 2026: 3M Compounded SORA at 1.25%

SORA Rates, Week 42 2026 · 12 OCT – 16 OCT 2026

1. SORA Snapshot

The 3-month compounded print rose to 1.25% this week. A 1bp move from 1.23% seven days ago. The week's spot range was 0.70% to 1.50% (12 OCT – 16 OCT 2026), volatile but not meaningful on a single-day basis.

The 3-month figure is what actually reprices most mortgages, and it's the number to anchor on: 1M compounded stands at 1.32%, 6M at 1.20%.

A $500,000 loan absorbs roughly $4 more a month from this week's move alone, illustrative math, not your actual bill. Our data picked up 102 new condo/EC transactions this week, averaging $1,812 psf, a rough proxy for buyer activity.

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.

Want to know where your bank sits versus this week's rates? Ask me, I'll check.

• 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% (as of September 2026, which lags roughly a month behind real time). USD/SGD sat at 1.2728 (as of September 2026), worth watching alongside the rate story.

SORA takes its cues from local interbank liquidity and MAS's exchange-rate stance, not from what the Fed does. 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

The daily print will always be noisy, don't read too much into it. The 3-month compounded figure is what matters for most homeowners deciding between fixed and floating this week. At 1.25%, the real decision isn't about the headline Fed news, it's about your own loan structure against where SORA actually sits right now.

Give me your current loan details and I'll benchmark them against this week's rates, straight talk either way.