30 year loan interest rates are coming out at 4.000% at Commerce Bank carrying an APR of 4.103% today. Shorter term, popular 15 year FRMs are 3.500% at the bank with an APR of 3.643%.
10 year loans at the bank start at 3.375% and an APR of 3.581%. 20 year fixed rate loan interest rates start at 3.875% with an APR of 4.017% today.
5 year Adjustable Rate Mortgages at Commerce can be had for 3.125% carrying an APR of 4.027%. 7/1 ARMs are being offered for 3.375% yielding an APR of 4.003%.
Drilling down a bit, Commerce’s own stock price increased to 56.77 up +0.53%.