Mortgage Rates in Commerce, California — March 2026
Updated March 2026 | Based on Commerce market data and regional lending conditions
Commerce is a smaller California community of 26,334 where the housing market reflects local economic conditions. The current 30-year fixed rate here is 6.61% (0.04% below the national average). The median home price of $795,000 translates to roughly $4,583/month with 20% down — requiring an income of about $196,414, which exceeds the local median of $75,000.
Current Mortgage Rates in Commerce, CA
Below are the current average mortgage rates available in the Commerce area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.61% | 6.65% | -0.04% |
| 15-Year Fixed | 5.87% | 5.89% | -0.02% |
| 5/1 ARM | 6.16% | 6.15% | +0.01% |
| FHA | 6.43% | 6.25% | +0.18% |
| VA | 6.18% | 6.05% | +0.13% |
| Jumbo | 6.86% | 6.85% | +0.01% |
Commerce Housing Market Overview
Commerce's housing market is competitive — median prices of $795,000 put it well above the national median of ~$400,000. Buyers here face higher barriers to entry, but the local economy (median household income: $75,000) may not fully support current asking prices.
Monthly Payment Breakdown for Commerce
Based on the median home price of $795,000 with 20% down ($159,000), here is what you can expect to pay monthly in Commerce:
15-Year vs. 30-Year Mortgage in Commerce
Choosing a 15-year mortgage in Commerce at 5.87% instead of a 30-year at 6.61% would save you $505,800 in total interest over the life of the loan. However, your monthly payment would be $5,322 instead of $4,066 — an increase of $1,256 per month.
Calculate Your Commerce Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Commerce
What are the current mortgage rates in Commerce, CA?
As of March 2026, the average 30-year fixed mortgage rate in Commerce, California is 6.61%, while the 15-year fixed rate is 5.87%. FHA loans average 6.43% and VA loans 6.18%. These rates are 0.04% below the national average of 6.65%.
How much is a monthly mortgage payment in Commerce?
Based on the median home price of $795,000 with 20% down, the estimated monthly mortgage payment in Commerce is $4,066 for principal and interest. Including property taxes of $517/month, the total monthly housing cost is approximately $4,583.
What income do I need to buy a home in Commerce?
Using the 28% rule, you would need an annual income of approximately $196,414 to afford the median-priced home in Commerce at $795,000. The median household income in Commerce is $75,000. This means most households would need to either earn above the median or consider homes below $795,000.
Is Commerce a good place to buy a home in 2026?
Commerce has a higher cost of living than average with a cost of living index of 139.4 (national average = 100). The property tax rate in California is 0.78%, which is below the national average. Commerce has a population of 26,334 and offers a balanced lifestyle.
Mortgage Rates in Other California Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Commerce, California area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.