30 year fixed rate loans have been quoted at 4.000% at Commerce Bank yielding an APR of 4.103%. Shorter term 15 year fixed rate mortgages at the bank start at 3.500% and APR of 3.643% today.
10 year loan interest rates at the bank have been listed at 3.375% carrying an APR of 3.581%. 20 year FRM interest rates are being quoted at 3.875% at the bank and an APR of 4.017% today.
5/1 ARM loans at Commerce can be had for 3.125% with a starting APR of 4.027%. The 7/1 Adjustable Rate Mortgages are 3.375% and an APR of 4.003%.
On the topic of stocks, the stock price of Commerce rose to 56.77 up +0.30.