SORA Rates, Week 43 2026 · 19 OCT – 23 OCT 2026
1. SORA Snapshot
SORA's 3-month compounded figure moved up to 1.27% this week. A 2bp move from 1.25% seven days ago. This week's overnight print moved between 0.70% and 1.70% (19 OCT – 23 OCT 2026), best treated as noise rather than a story 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 1.36%, 6M at 1.22%.
If you're carrying a $500,000 loan, this week's shift is worth roughly $8 more a month. This week's data pull picked up 109 new condo/EC transactions, averaging $1,820 psf.
2. Bank Rates We're Tracking
2 of the many banks we work with are giving these rates this week: HLF at PPR + -3.77%; UOB at 3M SORA + 0.7%. Just examples of what's live right now.
Happy to check any other bank against this week's rates, just send me the name.
- HLF at PPR + -3.77%
- 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.
It's worth remembering SORA is a local rate first, driven by SGD liquidity and MAS policy, not a US import. 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 react to the day-to-day print. The 3-month compounded figure is what matters for most homeowners deciding between fixed and floating this week. At 1.27%, 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.
