30 year loans at Commerce Bank stand at 4.000% and APR of 4.103% today. 15 year fixed rate mortgage interest rates have been quoted at 3.500% at the bank with an APR of 3.643% today.
10 year loans are coming out at 3.375% at the bank today and an APR of 3.581%. 20 year fixed rate mortgages are available starting at 3.875% at the bank with an APR of 4.017%.
The 5/1 Adjustable Rate Mortgages at Commerce are on the books at 3.125% and APR of 4.027%. 7 year ARM loans are coming out at 3.375% today and the APR is 4.003%.
Independent of mortgage rates, the stock price of Commerce improved to 56.77 up +0.30.
The benchmark 30 year loan interest rates are published at 3.25% at Quicken Loans carrying an APR of 3.704%. The VA 30 year interest rates start at 3.375% and an APR of 3.787%.
The short term 15 year loan interest rates have been published at 3.625% yielding an APR of 3.91% today.
5/1 ARM interest rates at Quicken Loans have been quoted at 3.875% and the APR is 4.136% on initial purchase.