Standard 30 year loan interest rates at Commerce Bank start at 4.000% today with an APR of 4.103%. The short term, popular 15 year FRM interest rates are listed at 3.500% today and an APR of 3.643%.
10 year loan deals are being quoted at 3.375% at the bank today with an APR of 3.581%. 20 year FRMs at the bank stand at 3.875% today with an APR of 4.017%.
The 5 year ARMs are on the books at 3.125% at Commerce with a starting APR of 4.027%. ARM loans in the 7 year category can be had for 3.375% today yielding an APR of 4.003% to start.
Independent of mortgage rates, the banks stock price strengthened to 56.77 up +0.53%.
The benchmark 30 year loan deals have been offered at 3.750% at Chase Bank (NYSE:JPM) today yielding an APR of 3.915%. Shorter term 15 year fixed rate mortgage interest rates start at 3.125% yielding an APR of 3.472% today.
5 year ARM loans are on the books at 3.250% at Chase Bank with a starting APR of 3.605%. 7 year ARM interest rates can be had for 3.500% today and an APR of 3.684%.
Home Refinance Rates
30 year refinance fixed rate mortgages at Chase Bank are published at 3.750% yielding an APR of 3.853%. Shorter term 15 year refinance loan interest rates have been quoted at 3.000% at the bank yielding an APR of 3.145% today. 5/1 ARMs are being quoted at 3.250% at Chase Bank. with an APR of 3.493% to start. 7 year refi Adjustable Rate Mortgages are on the books at 3.500% today with an APR of 3.581%.
Drilling down a bit, Chase Bank’s stock price weakened to 98.98 down -0.04%.