Standard 30 year loan interest rates are available starting at 4.000% at Commerce Bank and an APR of 4.103% today. Shorter term 15 year fixed rate loan interest rates at the bank have been offered at 3.500% today carrying an APR of 3.643%.
10 year loan interest rates are being quoted at 3.375% carrying an APR of 3.581% today. The best 20 year fixed rate loan interest rates are 3.875% at the bank today yielding an APR of 4.017%.
The 5/1 ARM interest rates at Commerce have been published at 3.125% yielding an APR of 4.027% to start. The 7 year Adjustable Rate Mortgages stand at 3.375% with a starting APR of 4.003%.
Related to the market discussion, Commerce’s own stock improved to 56.77 up +0.30.