The benchmark 30 year fixed rate loans at Commerce Bank have been offered at 4.000% carrying an APR of 4.103%. The shorter term 15 year fixed rate mortgage interest rates have been listed at 3.375% and an APR of 3.518%.
10 year fixed rate loan interest rates at the bank are being offered for 3.250% today and an APR of 3.456%. 20 year loan interest rates are listed at 3.875% yielding an APR of 4.017%.
The 5/1 ARM interest rates at Commerce are being offered for 3.125% and the APR is 3.868%. The 7/1 Adjustable Rate Mortgage interest rates have been quoted at 3.375% today with an APR of 3.872%.
On the topic of stocks, the stock price of Commerce moved ahead to 58.18 up +0.56.
30 year fixed rate mortgages at Wells Fargo (NYSE:WFC) are coming out at 4.000% with an APR of 4.061% today. The FHA options for the 30 year loans have been offered at 5.000% carrying an APR of 6.062%. The short term 15 year loan deals start at 3.875% today carrying an APR of 4.171%.
The 5/1 Adjustable Rate Mortgages have been quoted at 3.375% at Wells with an APR of 3.463%. As far as FHA ARMs go, 5 year loans are available starting at 3.875% yielding an APR of 4.046%.
Current Refinance Mortgage Rates
The benchmark 30 year refinance loan interest rates are 4.000% at Wells carrying an APR of 4.061%. The best 30 year refinance FHA loan interest rates are coming out at 5.000% and APR of 6.062% today. 30 year refinance jumbo FRMs are available starting at 3.750% and an APR of 3.900%.
Large (in eligible areas) 30 year FHA refinance loan deals are available starting at 4.125% and an APR of 4.132%.
The shorter term, popular 15 year refi loans are listed at 3.875% with an APR of 4.046% today. 5/1 refi FHA Adjustable Rate Mortgages stand at 3.875% and an APR of 4.046%. 7/1 ARM loans are coming out at 3.375% with an APR of 3.463%.
Related to the market discussion, the stock price of Wells moved ahead to 56.13 up +0.52%.