Mortgage Rates in Desert Hot Springs, California — March 2026
Updated March 2026 | Based on Desert Hot Springs market data and regional lending conditions
Desert Hot Springs is a growing city in California with a population of 32,512. The current 30-year fixed mortgage rate in Desert Hot Springs is 6.71%, which is 0.06% above the national average. With a median home price of $659,000 and a 20% down payment of $131,800, homebuyers can expect a monthly principal and interest payment of approximately $3,405.
Current Mortgage Rates in Desert Hot Springs, CA
Below are the current average mortgage rates available in the Desert Hot Springs 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 | 6.71% | 6.65% | +0.06% |
| 15-Year Fixed | 5.96% | 5.89% | +0.07% |
| 5/1 ARM | 6.23% | 6.15% | +0.08% |
| FHA | 6.48% | 6.25% | +0.23% |
| VA | 6.23% | 6.05% | +0.18% |
| Jumbo | 6.96% | 6.85% | +0.11% |
Desert Hot Springs Housing Market Overview
The Desert Hot Springs housing market is competitive with prices well above the national median. The median household income in Desert Hot Springs is $76,300, and the cost of living index is 152.9 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $163,114 to comfortably afford the median-priced home in Desert Hot Springs, which exceeds the current median household income.
Monthly Payment Breakdown for Desert Hot Springs
Based on the median home price of $659,000 with 20% down ($131,800), here is what you can expect to pay monthly in Desert Hot Springs:
15-Year vs. 30-Year Mortgage in Desert Hot Springs
Choosing a 15-year mortgage in Desert Hot Springs at 5.96% instead of a 30-year at 6.71% would save you $427,140 in total interest over the life of the loan. However, your monthly payment would be $4,437 instead of $3,405 — an increase of $1,032 per month.
Calculate Your Desert Hot Springs 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 Desert Hot Springs
What are the current mortgage rates in Desert Hot Springs, CA?
As of March 2026, the average 30-year fixed mortgage rate in Desert Hot Springs, California is 6.71%, while the 15-year fixed rate is 5.96%. FHA loans average 6.48% and VA loans 6.23%. These rates are 0.06% above the national average of 6.65%.
How much is a monthly mortgage payment in Desert Hot Springs?
Based on the median home price of $659,000 with 20% down, the estimated monthly mortgage payment in Desert Hot Springs is $3,405 for principal and interest. Including property taxes of $401/month, the total monthly housing cost is approximately $3,806.
What income do I need to buy a home in Desert Hot Springs?
Using the 28% rule, you would need an annual income of approximately $163,114 to afford the median-priced home in Desert Hot Springs at $659,000. The median household income in Desert Hot Springs is $76,300. This means most households would need to either earn above the median or consider homes below $659,000.
Is Desert Hot Springs a good place to buy a home in 2026?
Desert Hot Springs has a higher cost of living than average with a cost of living index of 152.9 (national average = 100). The property tax rate in California is 0.73%, which is below the national average. Desert Hot Springs has a population of 32,512 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 Desert Hot Springs, California area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.