Standard 30 year fixed rate mortgages at Commerce Bank stand at 4.000% and APR of 4.103% today. Shorter term, popular 15 year loan interest rates stand at 3.250% carrying an APR of 3.392% today.
10 year loan deals can be had for 3.125% and an APR of 3.331% today. 20 year fixed rate mortgages have been published at 3.750% carrying an APR of 3.891%.
In the ARM arena, 5 year interest rates at Commerce have been quoted at 3.250% with an APR of 3.753%. ARM interest rates in the 7 year category are being quoted at 3.500% yielding an APR of 3.799% to start.
Now this particular bank’s stock improved to 57.00 up +3.00%.