What is SORA?
SORA is the Singapore Overnight Rate Average, a key interest rate benchmark.
SORA Explained
Understand the Singapore Overnight Rate Average (SORA) replacing SIBOR for fairer, more transparent mortgage rates.
Current SORA Rates
Live benchmark rates updated daily
1-Month SORA
1.17%
0.13%
Past 6 months trend
3-Month SORA
1.12%
0.04%
Past 6 months trend
Source: Monetary Authority of Singapore (MAS) · Updated daily at 11:00 AM SGT
SORA 1M & 3M
| Date | 1-Month SORA | 3-Month SORA |
|---|---|---|
| 13 Jul 2026 | 1.1736% | 1.1238% |
| 10 Jul 2026 | 1.1883% | 1.1157% |
| 09 Jul 2026 | 1.1966% | 1.1153% |
| 08 Jul 2026 | 1.1946% | 1.1132% |
| 07 Jul 2026 | 1.1827% | 1.1091% |
| 06 Jul 2026 | 1.1729% | 1.1051% |
| 03 Jul 2026 | 1.1313% | 1.0911% |
| 02 Jul 2026 | 1.1170% | 1.0871% |
| 01 Jul 2026 | 1.1032% | 1.0825% |
| 30 Jun 2026 | 1.0854% | 1.0813% |
…
Everything you need to know about Singapore's new mortgage benchmark rate
Why Replace SIBOR?
SORA offers a more transparent and fair approach to interest rate calculation.
How It Affects You
SORA-based loans offer greater transparency and consistency, helping borrowers better anticipate interest changes. With rates derived from actual interbank transactions, you can enjoy a more predictable and fair mortgage experience.
Knowledge Hub
Transparent & Practical Mortgage Guides. We simplify complex
Singapore home loan rules, giving you clear, practical guides to save time and money.
Loading articles...