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Homes Loans: From SIBOR and SOR to SORA – What Homeowners Should Know

Home loans in Singapore used to be priced following one of three interest rate benchmarks. These are the SORA, SOR and the SIBOR. Soon, SORA will be the sole interest rate benchmark used in Singapore, and since 2021, lenders have already begun phasing out SOR and SIBOR home loans, leaving SORA loans in their wake. […]

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