Current home mortgage rates 30 year fixed

Q: What is the interest rate on a 30

Todays national 30-year mortgage rate trends On Tuesday, November 01, 2022, the current average rate for a 30-year fixed mortgage is 7.32%, increasing 15 basis points over the last seven days.

Planning to take up a new home loan or to refinance your existing home loan? Look no further as we offer a wide range of attractive fixed and floating home loan interest rate packages that are catered to your needs.

Table of Contents Show

Fixed Rate Packages
Floating Rate Packages
Bridging loan
Bridging loan
Two-In-One Home Loan
Choose either a 2-Year or 3-Year Fixed Rate Package:
What is the interest rate on a 30
What is the lowest 30

Fixed Rate Packages

2-Year Fixed 3.50% p.a.
Year 1 to Year 2	3.50% p.a.
Year 3 and thereafter	3M SORA + 1.00% p.a.
Minimum loan amount	S$100,000
Commitment period	2 Years

3-Year Fixed 3.50% p.a.
Year 1 to Year 3	3.50% p.a.
Year 4 and thereafter	3M SORA + 1.00% p.a.
Minimum loan amount	S$100,000
Commitment period	3 Years

4-Year Fixed 3.50% p.a.
Year 1 to Year 4	3.50% p.a.
Year 5 and thereafter	3M SORA + 1.00% p.a.
Minimum loan amount	S$100,000
Commitment period	4 Years

5-Year Fixed 3.50% p.a.
Year 1 to Year 5	3.50% p.a.
Year 6 and thereafter	3M SORA + 1.00% p.a.
Minimum loan amount	S$100,000
Commitment period	5 Years
Special feature	Waiver of commitment fee due to sale of property after 36 months.

3M SORA refers to the 3-Month Compounded Singapore Overnight Rate Average (SORA) that is published on MAS website. As at 3 October 2022, it is 2.0655% p.a.
Find out more on 3M SORA.

Floating Rate Packages

3-Year Lock-in CHR + 0.10% p.a.
Year 1 to Year 3	CHR + 0.10% p.a.
Year 4 and thereafter	CHR + 0.10% p.a.
Commitment Period	3 Years
Minimum loan amount	S$100,000
Eligible criteria	New or Existing HDB Homeowners Applications where average monthly income of all borrowers are S$2,500 and below*

CPF Home Rate (CHR) is based on the prevailing interest rate payable on CPF Ordinary Account (OA). It is currently 2.50% p.a.

*Refers to Admissible income – Gross monthly income (Basic salary and extra wages such as overtime pay and bonuses)

2-Year Lock-in 3M SORA + 1.00% p.a.
Year 1 to Year 2	3M SORA + 1.00% p.a.
Year 3 and thereafter	3M SORA + 1.00% p.a.
Commitment period	2 Years
Minimum loan amount	S$100,000

3M SORA refers to the 3-Month Compounded Singapore Overnight Rate Average (SORA) that is published on MAS website. As at 3 October 2022, it is 2.0655% p.a.
Find out more on 3M SORA.

2-Year Lock-in FHR6 + 1.30% p.a.
Year 1 to Year 2	FHR6 + 1.30% p.a.
Year 3 and thereafter	FHR6 + 1.30% p.a.
Commitment period	2 Years
Minimum loan amount	S$100,000

No Lock FHR6 + 1.75% p.a.
Year 1 to Year 5	FHR6 + 1.75% p.a.
Year 6 and thereafter	FHR6 + 1.75% p.a.
Minimum loan amount	S$100,000

Fixed Deposits Home Rate 6 (FHR6) refers to the prevailing 6 months Singapore Dollar fixed deposit interest rate of DBS Bank for amounts within S$1,000 to S$9,999 or such other sum as we may specify. FHR6 is currently at 1.40%.

Bridging loan

For purchase of all residential properties Prime Rate Floating Rate Package	No Lock-in
Up to 6 months	4.25% p.a.

No lock-in period. This is based on the DBS Prime Rate which is currently at 4.25% per annum.

Two-In-One Home Loan

Enjoy the best of both worlds by having part of your loan amount under a fixed rate package for a peace of mind, and also benefit from the interest of a floating rate package for the remaining loan amount.

	Prevailing 2-Year or 3-Year Fixed Rate Package	Exclusive Floating Rate Package with 2-Year Lock-In
Option A	50% of loan amount	50% of loan amount
Option B	40% of loan amount	60% of loan amount
Option C	30% of loan amount	70% of loan amount

Choose either a 2-Year or 3-Year Fixed Rate Package:

2-Year Fixed 3.50% p.a.
Year 1	3.50% p.a.
Year 2	3.50% p.a.
Year 3 and thereafter	3M SORA +1.00%
Commitment period	2 Years

3-Year Fixed 3.50% p.a.
Year 1	3.50% p.a.
Year 2	3.50% p.a.
Year 3	3.50% p.a.
Year 4 and thereafter	3M SORA +1.00%
Commitment period	3 Years

For other fees and charges that may be applicable, please refer here.

Apply now

What is the interest rate on a 30

Today's national 30-year mortgage rate trends On Tuesday, November 01, 2022, the current average rate for a 30-year fixed mortgage is 7.32%, increasing 15 basis points over the last seven days.

What is the lowest 30

2021: The lowest 30-year mortgage rates ever By July 2020, the 30-year fixed rate fell below 3% for the first time. And it kept falling to a new record low of just 2.65% in January 2021. However, record-low rates were largely dependent on accommodating, Covid-era policies from the Federal Reserve.