SIBOR (3-Month) Historical Rates

Recently, I have been trying to identify the best housing loan to take up. Many housing loans have their reference rates pegged against SIBOR 3-months. That is why I decided to take a look at the trend in the past 23 years to identify any possible problems such loans pose to home owners.

From the graph, we have identified that these rates have only been above 5% within certain short periods of time.