If you are looking for commercial loan rates today, you are not alone. Rate inquiries are the single most common question we receive at CLS CRE. This guide provides a comprehensive look at where commercial real estate interest rates stand in March 2026.
Commercial Loan Rates Today: March 2026 Snapshot
Permanent Loans: 5.50%-7.00% fixed. Agency Multifamily: 5.25%-6.00%. Life Company: 5.50%-6.25%. CMBS: 6.00%-7.25%. Bridge: 8.00%-11.00%. Construction: 7.00%-10.00%. SBA 504: 5.00%-6.50% blended. DSCR: 6.50%-9.00%. Hard Money: 10.00%-14.00%.
Macroeconomic Forces
The 10-Year Treasury trades at 4.00%-4.35%. SOFR at 3.80%. Fed funds rate stable after three cuts in late 2025. Core inflation at 2.2%.
Rates by Property Type
Multifamily: most competitive. Industrial: close second. Retail: bifurcated. Office: most challenged sector.
How to Get the Best Rate
Shop the full capital market. Present institutional-quality packages. Optimize DSCR and LTV. Consider rate locks. Think total cost of capital.
Trevor Damyan is a commercial mortgage broker at Commercial Lending Solutions with a background in structured finance at CBRE and Marcus and Millichap Capital Corporation. He specializes in bridge loans, construction financing, SBA programs, DSCR loans, and complex capital structures for investors and developers across all 50 states.
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