Sora dips below 3%, what’s in store for mortgage rates in 2023
#1

As Sora dips below 3%, what’s in store for mortgage rates in 2023

If this trend continues into January, we will soon see the 3-month compounded Sora value drop back to near-2 per cent range by the middle of March 2023 (compounded Sora is backward-looking, where it averages the daily Sora values for the past 90 days).




https://www.businesstimes.com.sg/propert...rates-2023

8Umbrella Umbrella
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#2

It means that people are now looking at buying property again.

Laughing
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#3

After first quarter rates will collapse because the USA PMI has been falling. The Fed is looking at unemployment which has for some reason remain low...but can move up suddenly.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#4

Only 1 mth sora dip lah not 3 mth. Rotfl

US bond rate at record high.

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#5

[Image: 001860-AC-1-DAA-47-D3-BBB2-941911573076.jpg]

[Image: CB25-B428-AB34-4-D8-F-A593-B46-F4273-D57-A.jpg]

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#6

[Image: C714-DE8-D-106-F-47-C8-BD75-1-AB7-EEF1-EFF5.jpg]

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#7

Song Boh!
Going to break last high at 2007.
Next high at 1997 period.


[Image: 7-D403-E5-B-E431-4-DE4-8-D98-7-F85-B85-E9648.jpg]

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#8

Means what? Shd lock in FD with highest rate as long as possible nao ??
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#9

SORA drop means FD drop
is it
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#10

(31-12-2022, 09:41 AM)sgbuffett Wrote:  After first quarter rates will collapse because the USA PMI has been falling. The Fed is looking at unemployment which has for some reason remain low...but can move up suddenly.



No fed rate hikes got no impact in exchange rates and USD kept weakening. Meaning USD demand is lesser. And likely to die
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