Most banks in Singapore offer housing loan packages that are pegged to either Sibor or SOR rates.
SIBOR (Singapore Interbank Offered Rate) is the interest rates at which banks offer to lend unsecured funds to other banks in Singapore.
SOR (Swap Offer Rate) is the lending costs and the expected forward exchange rate between the US dollar and Singapore dollar.
Disclaimer: The information contained in this app is for informational purposes only and is not intended to provide legal or other advice.
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