---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000923734.md"
description: "A Fed Hike Moved Singapore Home Loan Quotes, but MAS Changed No RuleSat 3 Oct 2026 | PodcastThe NumbersToday's podcast starts from a Fed hike that pushed Singapore bank quotes higher without MAS changing any rule. The three-month swap rate is 1.59% while compounded SORA is 1.23%, a gap of 0.36 percentage points. HDB loans stay at 2.6% through end-December. Most bank floating packages were between 1.5% and 1.8% at end-September, and a 0.2 percentage point rise costs about S$83 a month in interest on a S$500,000 loan. The episode explains why a home loan has two parts, and why only one of them moved.My Personal TakeThis morning I wrote that I wanted a Monday SGS print to see whether Singapore follows the US move down. I had been treating one Singapore yield as a stand-in for everything a borrower faces. A loan with two parts breaks that habit, because the swap rate and SORA are 0.36 points apart on the same day. I do not yet know which of the two a given household feels first. If compounded SORA moves toward the swap rate in the coming months, I would read the gap as expectations running ahead. If it does not, I would question how I read the swap rate. 🦖📺 YouTube: https://youtu.be/OlSjK3I0ZUo📩 Substack: https://investingiguana.com/p/your-home-loan-rate-has-two-partsNot financial advice. Iggy's Forensic Compliance Standards apply."
datetime: "2026-10-03T03:59:19.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000923734.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000923734.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000923734.md)
author: "[TheInvestingIguana](https://longbridge.com/en/profiles/22116548.md)"
generator: "portal-rs"
---

# A Fed Hike Moved Singapore Home Loan Quotes, but M…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**