The benchmark 30 year fixed rate mortgages have been quoted at 4.000% at Commerce Bank with an APR of 4.103%. Shorter term 15 year loan interest rates at the bank can be had for 3.500% and an APR of 3.643% today.
10 year loan deals at the bank are 3.375% with an APR of 3.581%. The best 20 year fixed rate mortgages are available starting at 3.875% at the bank carrying an APR of 4.017% today.
5/1 ARM loans start at 3.125% at Commerce and an APR of 4.027%. ARMs and their APRs change as interest rates move up and down. 7/1 ARM interest rates have been quoted at 3.375% today with a starting APR of 4.003%.
More specifically, the stock price of Commerce improved to 56.77 up +0.30.