The benchmark 30 year fixed rate loan interest rates are on the books at 4.000% at Commerce Bank today with an APR of 4.103%. Shorter term, popular 15 year fixed rate mortgages at the bank can be had for 3.250% today and an APR of 3.392%.
10 year fixed rate loans stand at 3.125% and an APR of 3.331% today. The best 20 year loan deals have been quoted at 3.750% and an APR of 3.891%.
5/1 ARM interest rates at Commerce are being quoted at 3.250% with a starting APR of 3.753%. 7/1 Adjustable Rate Mortgages have been offered at 3.500% with a starting APR of 3.799%.
More specifically, this particular bank’s stock strengthened to 53.65 up +0.24.
The benchmark 30 year loan interest rates at Wells Fargo (NYSE:WFC) are coming out at 4.000% today yielding an APR of 4.050%. 30 year FHA loan interest rates are coming out at 4.375% at the bank yielding a bit higher APR than the conventional loan of 5.429%. The jumbo options for the 30 year mortgages start at 3.625% and APR of 3.432%.
Popular 15 year loans at the bank are published at 3.875% today yielding an APR of 4.166%.
In the ARM arena, 5 year deals can be had for 3.375% at Wells and the APR is 3.481% on initial purchase. In the FHA ARM arena, 5 year loans stand at 3.625% with a starting APR of 3.862%.
How much is it to refinance?
Standard 30 year refinance loan deals at Wells are coming out at 4.000% and an APR of 4.050%. The best 30 year refinance FHA fixed rate mortgages have been offered at 4.375% yielding an APR of 5.429%. 30 year refinance jumbo loans at the bank are published at 3.250% yielding an APR of 3.655%.
Large (in eligible areas) 30 year refinance fixed rate mortgages start at 3.625% yielding an APR of 3.432%.
The short term, popular 15 year refinance loan deals start at 3.875% yielding an APR of 3.862% today. 5 year refi FHA Adjustable Rate Mortgages are on the books at 3.625% with an APR of 3.862%. 7 year refinance ARMs can be had for 3.375% currently with an APR of 3.481%.
On the topic of stocks, this particular bank’s stock moved ahead to 52.54 up +0.30.