Standard 30 year loan deals are coming out at 4.000% at Commerce Bank today yielding an APR of 4.103%. 15 year loans at the bank can be had for 3.375% and APR of 3.518% today.
10 year loan interest rates are on the books at 3.250% today and an APR of 3.456%. The best 20 year loan interest rates are published at 3.875% at the bank yielding an APR of 4.017% today.
5/1 ARM interest rates at Commerce are coming out at 3.125% yielding an APR of 3.788%. The 7/1 Adjustable Rate Mortgages have been offered at 3.375% today with a starting APR of 3.806%.
Independent of mortgage rates, Commerce’s stock price lost ground to 58.21 down -0.02%.