5 Countries With Highest Mortgage Rates

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In this article, we will take a look at the 5 countries with the highest mortgage rates. If you want to read our detailed analysis, you can go directly to 15 Countries With Highest Mortgage Rates.

5. South Africa

Latest Mortgage Rate (November 2023): 11.75%

Average Mortgage Rate (January 1965 – November 2023): 12.78%

South Africa ranks among the countries with the highest mortgage rates. South Africa has a mortgage rate of 11.75% as of November 2023. The average mortgage rate in South Africa between January 1965 and November 2023 was 12.78%. The lowest and highest recorded rate during this period was 7% and 24%, respectively.

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