The best 30 year loan interest rates at Commerce Bank are published at 4.000% yielding an APR of 4.103% today. Shorter term, popular 15 year loan interest rates at the bank start at 3.250% with an APR of 3.392% today.
10 year fixed rate loan interest rates are coming out at 3.125% carrying an APR of 3.331% today. The best 20 year fixed rate mortgages have been listed at 3.750% carrying an APR of 3.891%.
5 year ARMs have been offered at 3.250% at Commerce and the APR is 3.753%. 7/1 ARM loans start at 3.500% today with a starting APR of 3.799%.
Drilling down a bit, Commerce’s own stock jumped sharply to 57.02 up +1.71.
The benchmark 30 year loan deals at Quicken Loans are available starting at 3.125% with an APR of 3.581% today. 30 year VA loans have been published at 3.125% carrying an APR of 3.388%.
15 year loans are available starting at 3.50% at the bank and APR of 3.759%.
The 5/1 ARM interest rates have been published at 3.875% at Quicken yielding an APR of 4.128% to start.