Thailand mortgage + macro rates

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.