Standard 30 year fixed rate mortgages start at 4.000% at Commerce Bank yielding an APR of 4.103% today. 15 year fixed rate mortgage interest rates are on the books at 3.500% at the bank and APR of 3.643% today.
10 year fixed rate mortgages at the bank are on the books at 3.375% yielding an APR of 3.581% today. 20 year loans start at 3.875% and APR of 4.017%.
The 5/1 ARM loans are published at 3.125% at Commerce with an APR of 4.027% to start. The 7 year ARM interest rates can be had for 3.375% currently yielding an APR of 4.003% to start.
Independent of mortgage rates, this particular bank’s stock moved ahead to 56.77 up +0.53%.