Thailand mortgage + macro rates
Source: Bank of Thailand BTWS_STAT (FM_RT_001_S2). Updated weekly. Most recent point: 2025-07.
How to read these rates
- Policy Rate.
- The BOT's overnight repurchase rate. Sets the floor for everything else.
- MRR (Minimum Retail Rate).
- The reference rate Thai banks attach mortgage products to (e.g. "MRR−1.5% for first 3 years"). The one to watch for home buyers.
- MLR (Minimum Lending Rate).
- Usually for prime corporate / high-quality retail. Below MRR.
- MOR (Minimum Overdraft Rate).
- Overdraft facilities. Less relevant for property but tracks broader lending conditions.
Why this matters for condo buyers
A condo's gross rental yield only matters relative to the cost of borrowed money. If MRR is 7.10% and your condo earns 6% gross yield, the rental income alone won't cover the interest on a fully-leveraged purchase. We compute this spread per building on the yields ranking and every individual condo report.
Frequently asked questions
What is Thailand's MRR and why does it matter for condo buyers?▾
MRR (Minimum Retail Rate) is the reference rate Thai banks attach mortgage products to — e.g. "MRR-1.5% for the first three years, MRR floating after." It is the single most important rate for a Thai home buyer because every floating-rate mortgage moves with it. As of 2025-07, MRR-min stood at 6.90%.
What is the difference between Policy Rate, MRR, MLR, and MOR?▾
Policy Rate is the BOT's overnight repurchase rate and sets the floor for everything else. MLR (Minimum Lending Rate) is for prime corporate and high-quality retail borrowers and sits below MRR. MRR (Minimum Retail Rate) is the standard reference for retail mortgages. MOR (Minimum Overdraft Rate) governs overdraft facilities and is less relevant for property but tracks broader lending conditions.
How often does RealData refresh these macro numbers?▾
Daily, where the Bank of Thailand publishes daily — Policy Rate, MRR, MLR, MOR, BIBOR. The household-loan stock series is quarterly. Each card on this page shows its own latest period.
Where does this data come from?▾
Bank of Thailand BTWS_STAT (series FM_RT_001_S2 for the interest-rate panel and EC_MB_039 for the household-loan series). Free to use under the BOT's standard data conditions; we link the source for every quoted number.
How do I use MRR to judge whether a condo yield is attractive?▾
Compute spread = condo's gross rental yield − MRR. Positive spread means the rental income alone covers more than the mortgage interest a Thai bank would charge that day on a fully-leveraged purchase. We compute this spread for every condo with enough data on the /yields ranking and on each individual condo report.