# Bank of Thailand holds its policy rate at 1.00% in June 2026 > The central bank kept its benchmark unchanged; Phuket buyers still need current lender-specific mortgage terms. The Bank of Thailand left its policy rate at 1.00% on 24 June 2026. This keeps the national benchmark unchanged, but it does not confirm that any Thai bank or overseas lender has kept a particular mortgage offer unchanged. ## What happened **Verified fact:** the Monetary Policy Committee voted 7-0 to maintain the policy rate at 1.00%. The decision event and the Bank of Thailand release are both dated 24 June 2026. The committee said Thailand's growth remained low and uneven even though its latest assessment was stronger than before. It also said overall credit growth was subdued and that financial institutions remained cautious about lending to high-risk borrowers. ## Confirmed figures and source dates The 24 June release projected Thai GDP growth of 2.3% in 2026 and 1.8% in 2027. It projected headline inflation of 2.8% in 2026 and 1.4% in 2027, with core inflation at 1.5% and 1.4% respectively. These are central-bank forecasts, not completed outcomes or Phuket property-market statistics. The Bank's meeting calendar lists the next scheduled policy decision for 26 August 2026. A special meeting remains possible under the Bank's stated process. FocusEconomics independently reported that the decision was unanimous and in line with expectations. It said most contributors to its consensus panel expected the policy rate to end 2026 at 1.00%; that is a private forecast, not central-bank guidance. ## Who is affected The decision matters most to borrowers with rates linked directly or indirectly to Thai funding conditions, developers refinancing construction debt, and buyers who need a mortgage approval before transfer. Cash buyers are not directly exposed to a mortgage-rate change, although financing conditions can affect counterparties and the wider market. ## What it may mean for Phuket property **Houseviser analysis:** an unchanged policy rate removes one possible source of an immediate benchmark-rate change, but it is not evidence that mortgage pricing, loan-to-value limits, approval standards, or developer finance are unchanged. Those terms are set by individual lenders and depend on the borrower and property. No Houseviser asking-price or listing-count figures are used in this draft. The Bank of Thailand release discusses national credit and macroeconomic conditions, not completed Phuket property transactions. ## What remains unknown **Unknown:** the source set does not report current mortgage offers for foreign Phuket buyers, approval rates, developer borrowing costs, or any change in completed Phuket sale prices after the decision. Buyers should obtain a dated term sheet from the actual lender and keep a financing contingency where the contract allows one. ## Related guides and data - [Can foreigners get a mortgage in Thailand?](/guide/mortgage-foreigner-thailand) - [Phuket property buying guide](/guide/phuket-buying-guide) - [Current Phuket asking inventory](/sale/listings) The live inventory link shows active listings and asking prices, not achieved sale prices, completed transactions, or demand.