30 year fixed rate loans have been offered at 4.375% at Commerce Bank today carrying an APR of 4.480%. The short term 15 year FRMs are on the books at 3.500% at the bank today yielding an APR of 3.643%.
10 year FRMs at the bank have been offered at 3.250% carrying an APR of 3.456% today. 20 year FRMs are listed at 4.125% today yielding an APR of 4.268%.
As far as ARMs go, 5 year interest rates have been offered at 3.250% at Commerce yielding an APR of 3.592% at present. The 7/1 ARM loans have been listed at 3.500% carrying an APR of 3.666%.
Separately, the stock price of Commerce gained ground to 58.23 up +0.12%.