The best 30 year fixed rate mortgage interest rates are listed at 4.000% at Commerce Bank yielding an APR of 4.103% today. Shorter term 15 year loan deals have been quoted at 3.500% at the bank today yielding an APR of 3.643%.
10 year fixed rate loan interest rates have been quoted at 3.375% at the bank and an APR of 3.581% today. The best 20 year FRM interest rates at the bank are available starting at 3.875% carrying an APR of 4.017% today.
The 5/1 Adjustable Rate Mortgage interest rates at Commerce have been quoted at 3.125% with a starting APR of 4.027% which will change as interest rates adjust. ARM interest rates in the 7 year category are being offered for 3.375% today with a starting APR of 4.003%.
Related to the market discussion, this particular bank’s stock gained ground to 56.77 up +0.30.