30 year fixed rate mortgage interest rates start at 4.000% at Commerce Bank and APR of 4.103%. Shorter term 15 year FRM interest rates are being offered for 3.500% at the bank and APR of 3.643% today.
10 year fixed rate mortgages have been published at 3.375% carrying an APR of 3.581%. 20 year loan interest rates start at 3.875% today yielding an APR of 4.017%.
5 year ARM interest rates at Commerce are on the books at 3.125% and the APR is 4.027% on initial purchase. ARM interest rates in the 7 year category have been quoted at 3.375% with an APR of 4.003%.
On the topic of stocks, Commerce’s own stock ticker improved to 56.77 up +0.53%.