Paying 6.5% interest rate on a mortgage seems exorbitant compared to the sub-2% rate I can get as a Singaporean back home. The monthly payment on a $1.4 million home would be about 40% less just based on the interest rate alone. Interest rates vary wildly around the worldThe entire experience had me thinking: What are mortgage rates like around the world? Assuming that I'm a resident in the country, what's the mortgage rate range if I were to buy in Tokyo or in Paris? USA About 6.5% and over In the U.S., the 30-year mortgage rate currently averages around 6.5%.