5 Countries With Highest Mortgage Rates

4. Armenia

Latest Mortgage Rate (December 2023): 12.54% 

Average Mortgage Rate (December 2009 – December 2023): 11.92%

With a mortgage rate of 12.54% as of December 2023, Armenia ranks as one of the countries with the highest mortgage rates. The average mortgage rate between December 2009 and December 2023 was 11.92%, with the lowest mortgage rate recorded at 10.14%.