Mortgage rates in Singapore
SORA as of 14 Oct 2026 · bank rates updated 14 Oct 2026
Bank rates
Floating
The best floating package of each of the cheapest banks. The rate moves with its benchmark.
Lowest floating
DBS1.49%
Floating on 3M SORA
Loans S$500k–S$1M
The catch:
- Lock-in
- 2 yrs
- Repay early
- 1.5%
- Cancel
- 0.75%
Rate last changed 1 Oct 2026- Lock-in
- 2 years
- Repay in full early
- 1.5% penalty
- Part-repay early
- 1.5% penalty
- Cancel before drawdown
- 0.75% fee
- Free conversion
- 12
- Penalty waived on sale
- 1
3M SORA
1.24%3M SORA todayDBS's spread
Year 1: 3M SORA 1.24% + 0.25% = 1.49%
Maybank1.54%
Floating on 3M SORA
Loans S$500k–S$1M
Note: CC sign up
The catch:
- Lock-in
- 2 yrs
- Repay early
- 1.5%
- Cancel
- 1.5%
Rate last changed 12 Oct 2026- Lock-in
- 2 years
- Repay in full early
- 1.5% penalty
- Part-repay early
- 1.5% penalty
- Cancel before drawdown
- 1.5% fee
- Free conversion
- After the lock-in
- Penalty waived on sale
- 100% after 12mths
- Note
- Partial: 20% or WDTS
3M SORA
1.24%3M SORA todayMaybank's spread
Year 1: 3M SORA 1.24% + 0.30% = 1.54%
Fixed
The best 2-year, 3-year and 5-year fixed package. The rate is locked for those years.
Best 2-year fixed
Hong Leong Finance1.65%
2-year fixed, then HLF HHR
Loans from S$200k
The catch:
- Lock-in
- 2 yrs
- Repay early
- 1.5%
- Cancel
- 1.5%
Rate last changed 20 May 2026- Lock-in
- 2 years
- Repay in full early
- 1.5% penalty
- Part-repay early
- 1.5% penalty
- Cancel before drawdown
- 1.5% fee
- Free conversion
- None
- Penalty waived on sale
- None
HLF HHR
7.00%HLF HHR todayHong Leong Finance's spread / fixed rate
Year 1: Fixed 1.65%
Best 3-year fixed
Bank of China2.00%
3-year fixed, then 3M SORA
Loans S$500k–S$800k
Note: CC sign up
The catch:
- Lock-in
- 3 yrs
- Repay early
- 1.5%
- Cancel
- 1.5%
Rate last changed 30 Sept 2026- Lock-in
- 3 years
- Repay in full early
- 1.5% penalty
- Part-repay early
- 1.5% penalty
- Cancel before drawdown
- 1.5% fee
- Free conversion
- 12
- Penalty waived on sale
- FC12 or WDTS12
3M SORA
1.24%3M SORA todayBank of China's spread / fixed rate
Year 1: Fixed 2.00%
- Cashew has no 5-year fixed package for this loan.
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Bank rates from Cashew, updated 14 Oct 2026. This is the cheapest package Cashew shows us for each bank, not every package a bank offers, and a bank with none listed is not shown. Some lenders offer rates Cashew cannot name; those are not listed.
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SORA history
The latest reading in each month, Jan 2006 to today. Hover or tap the chart to read a month.
Last 12 months
Month-end SORA, newest first. Change is against the month before, in percentage points.
| Month | 1M SORA | 3M SORA | 6M SORA | 3M change |
|---|---|---|---|---|
| Oct 2026 | 1.29% | 1.24% | 1.19% | +0.01 |
| Sept 2026 | 1.25% | 1.23% | 1.16% | +0.05 |
| Aug 2026 | 1.27% | 1.19% | 1.12% | +0.05 |
| Jul 2026 | 1.15% | 1.14% | 1.08% | +0.05 |
| Jun 2026 | 1.10% | 1.08% | 1.08% | +0.03 |
| May 2026 | 1.14% | 1.06% | 1.09% | +0.03 |
| Apr 2026 | 1.02% | 1.03% | 1.09% | −0.04 |
| Mar 2026 | 1.03% | 1.07% | 1.13% | −0.05 |
| Feb 2026 | 1.04% | 1.12% | 1.19% | −0.03 |
| Jan 2026 | 1.14% | 1.15% | 1.24% | −0.04 |
| Dec 2025 | 1.17% | 1.19% | 1.32% | −0.07 |
| Nov 2025 | 1.15% | 1.25% | 1.41% | −0.07 |
Year by year since 2006
| Year end | 1M SORA | 3M SORA | 6M SORA |
|---|---|---|---|
| 2026 (to Oct 2026) | 1.29% | 1.24% | 1.19% |
| 2025 | 1.17% | 1.19% | 1.32% |
| 2024 | 2.90% | 3.03% | 3.28% |
| 2023 | 3.65% | 3.70% | 3.72% |
| 2022 | 2.63% | 3.03% | 2.56% |
| 2021 | 0.23% | 0.19% | 0.16% |
| 2020 | 0.24% | 0.17% | 0.13% |
| 2019 | 1.25% | 1.26% | 1.40% |
| 2018 | 1.64% | 1.46% | 1.34% |
| 2017 | 0.93% | 0.84% | 0.78% |
| 2016 | 0.25% | 0.15% | 0.14% |
| 2015 | 0.30% | 0.35% | 0.28% |
| 2014 | 0.15% | 0.12% | 0.10% |
| 2013 | 0.05% | 0.06% | 0.05% |
| 2012 | 0.05% | 0.06% | 0.07% |
| 2011 | 0.05% | 0.05% | 0.05% |
| 2010 | 0.07% | 0.08% | 0.10% |
| 2009 | 0.11% | 0.21% | 0.21% |
| 2008 | 0.37% | 0.44% | 0.58% |
| 2007 | 0.90% | 1.58% | 1.94% |
| 2006 | 3.24% | 3.29% | 3.29% |
Rates are for information, not an offer. Your rate depends on the lender, the package, the loan size and your profile. Check with the lender before you decide.