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Historically, Cyper has been volatile, often swinging sharply based on market expectations, which can lead to unpredictable mortgage payments. Sora, being based on real transaction data, offers more predictability and less volatility, aligning more closely with the actual financial environment.

For homeowners with loans taken before October 2021, the transition could mean notable differences in monthly repayments. Banks are required, by June, to automatically convert existing loans to their Sora-linked equivalents unless borrowers take proactive steps before the April 30th deadline.

Assess Your Current Mortgage to Maximize Savings

If you're still on a Cyper-based mortgage, now is the critical window to evaluate your options: