Three-month SORA falls to 1.1384, a new low in over a year | Lianhe Zaobao
Zaobao·
- The three-month Singapore Overnight Rate Average (SORA) has dropped to a new low of 1.1384%, a decline of over 180 basis points from 3.0227% at the beginning of 2025.
- This decrease is driven by sustained capital inflows and expectations of more accommodative policies from the U.S. Federal Reserve.
- As SORA falls, mortgage rates are also decreasing, with floating rates averaging between 1.47% and 1.67% and fixed rates ranging from 1.48% to 1.75%, though some analysts anticipate a potential rebound in SORA.