My 4th and last SOR pegged Home Loan repricing for the year has just come to past. The re-priced interest rate moved up by 0.16% compared to the previous rate, which is a pity, but on the whole it is still not too bad. The chart above shows my home loan interest rates over the past year.
When the next re-pricing comes, my contract stipulates that the margin the bank charges will increase from 0.65% to 0.75%, which is quite significant. Nevertheless, it seems like it is still a better than what banks currently offer. Having completed the one year lock-in period, I will be free to consider refinancing again. Time for some legwork..