Standard Chartered tightens mortgage rate ladder — 3-month up 4 bps, mid-to-long tenors rise 2–6 bps (12 June 2026)

Standard Chartered has revised its EIBOR-linked and SCBLR/SCBMR mortgage pricing effective 12 June 2026, with rates edging up across most tenors — the 3-month rose 4 bps, the 6-month held flat, and the 24–60 month tenors rose 5–6 bps. It’s a small, broad-based tightening, the opposite of the bank’s early-June move where longer tenors had eased.

Updated rate ladder (12 June 2026)

What it means for borrowers

• The two short tenors now sit level: the 3-month rose 4 bps to 3.75% while the 6-month held flat at 3.75%, so there’s no longer a pricing gap between them.
• Mid-to-long tenors are modestly costlier: the 24-, 36- and 60-month rates each rose 5–6 bps, so borrowers locking a longer initial fixed period pay a little more — the biggest move is at 36 months (+6 bps to 4.55%).
• Net effect: a small, broad-based tightening that reverses part of the early-June easing on longer tenors. These are reference-rate moves of a few basis points, not a major repricing.

If you’re weighing a Standard Chartered product, an advisor can model the all-in cost across tenors and against other banks before you commit — and confirm whether an existing offer still holds under the new schedule.