The benchmark 30 year loan interest rates are 4.000% at Commerce Bank and an APR of 4.103%. The shorter term 15 year loans at the bank can be had for 3.500% and an APR of 3.643%.
10 year loan deals at the bank are published at 3.375% yielding an APR of 3.581%. 20 year fixed rate mortgage interest rates start at 3.875% at the bank with an APR of 4.017%.
The 5 year ARM deals are being offered for 3.125% at Commerce with a starting APR of 4.027%. The 7 year ARM deals stand at 3.375% and the APR is 4.003%.
Drilling down a bit, Commerce’s own stock price increased to 56.77 up +0.53%.