Standard 30 year loans are being quoted at 4.000% at Commerce Bank yielding an APR of 4.103%. 15 year fixed rate loan interest rates are available starting at 3.500% at the bank and APR of 3.643% today.
10 year loan interest rates have been offered at 3.375% yielding an APR of 3.581% today. The best 20 year loan deals at the bank have been offered at 3.875% yielding an APR of 4.017%.
In the ARM arena, 5 year deals have been quoted at 3.125% at Commerce carrying an APR of 4.027% to start. The 7/1 Adjustable Rate Mortgages are coming out at 3.375% today with an APR of 4.003%.
Closer to home, Commerce’s own stock improved to 56.77 up +0.53%.