Rising interest rates: How will they impact your home loan?

The Singapore Overnight Rate Average (Sora) is now the main benchmark for mortgages. ST PHOTO: LIM YAOHUI
New: Gift this subscriber-only story to your friends and family

SINGAPORE - Interest rates in the United States are set to go even higher - from the current 0.25 per cent to 0.5 per cent range - and this will have some impact on home mortgage rates here.

The Singapore Overnight Rate Average (Sora) is now the main benchmark for mortgages.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.