5 Countries With Highest Mortgage Rates

2. Turkey

Latest Mortgage Rate (December 2023): 41.50%

Average Mortgage Rate (January 2002 – December 2023): 18.93%

Turkey ranks second among the countries with the highest mortgage rates. The mortgage rate as of December 2023 in Turkey was recorded at 41.50%. The average mortgage rate in Turkey between January 2002 and December 2023 was 18.93%, with the lowest mortgage rate recorded at 8.3% and the highest recorded at 58.45%.