The benchmark 30 year FRMs at Commerce Bank can be had for 4.000% and an APR of 4.103% today. The short term 15 year loan deals are being offered for 3.500% and an APR of 3.643%.
10 year fixed rate loan interest rates are being quoted at 3.375% today carrying an APR of 3.581%. 20 year FRMs are being offered for 3.875% today with an APR of 4.017%.
ARM loans in the 5 year category at Commerce are available starting at 3.125% with an APR of 4.027% to start. The 7/1 ARM interest rates are being offered for 3.375% with an APR of 4.003% to start.
And now, this particular bank’s stock price rose to 56.77 up +0.53%.