Standard 30 year fixed rate loan interest rates are being quoted at 3.750% at Commerce Bank carrying an APR of 3.851%. Shorter term, popular 15 year loans are being quoted at 3.000% and APR of 3.141%.
10 year fixed rate loans are on the books at 2.750% at the bank carrying an APR of 2.954% today. 20 year fixed rate mortgage interest rates at the bank start at 3.500% today carrying an APR of 3.640%.
5/1 ARM loans are 3.000% at Commerce with a starting APR of 3.260% which will change as interest rates adjust. The 7 year ARMs are published at 3.250% with an APR of 3.348%.