The best 30 year FRMs at Commerce Bank start at 4.000% and an APR of 4.103%. The shorter term, popular 15 year loans at the bank start at 3.500% today carrying an APR of 3.643%.
10 year fixed rate loans have been quoted at 3.375% carrying an APR of 3.581%. The best 20 year fixed rate loan interest rates at the bank are on the books at 3.875% and an APR of 4.017% today.
The 5 year ARM loans at Commerce start at 3.125% with a starting APR of 4.027%. The 7/1 ARM interest rates are 3.375% and an APR of 4.003%.
Independent of mortgage rates, the banks stock strengthened to 56.77 up +0.30.