I may have written this a bit late but better late than never!
I am writing to warn people about SOR-pegged housing loan, because SOR has been increasing very rapidly for the past 1 month! For example, the 3-Month SOR has rose from about 0.2% to 0.516 now, while 3-Month has barely increased at about 0.445%.
SOR is expected to increase much more from now onwards, so beware! Meanwhile, SIBOR is expected to be much more tame...............
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