30 year FRM interest rates have been quoted at 4.000% at Commerce Bank today carrying an APR of 4.103%. Popular 15 year fixed rate loans start at 3.500% carrying an APR of 3.643% today.
10 year loan interest rates are listed at 3.375% at the bank and an APR of 3.581% today. 20 year loans are being quoted at 3.875% with an APR of 4.017%.
The 5 year ARM loans at Commerce start at 3.125% and APR of 4.027%. ARM interest rates in the 7 year category are being offered for 3.375% today with a starting APR of 4.003%.
Drilling down a bit, Commerce’s own stock price strengthened to 56.77 up +0.53%.
BMO Harris Bank
Standard 30 year loans at BMO Harris Bank have been offered at 3.750% and an APR of 4.005% today. The shorter term 15 year fixed rate mortgage interest rates have been offered at 3.250% at the bank and an APR of 3.589%.
10 year fixed rate loans are listed at 3.125% today with an APR of 3.614%. 20 year loan interest rates are available starting at 3.500% and an APR of 3.882% today.
3/1 ARM loans are being offered for 2.875% currently with an APR of 4.060%. In the ARM arena, 5 year interest rates at BMO Harris have been listed at 3.000% yielding an APR of 3.954% at the beginning of the loan. 7/1 ARMs stand at 3.375% today carrying an APR of 4.002%. The 10 year ARM loans have been offered at 3.500% currently and the APR is 3.971%.
Related to the market discussion, BMO Harris’s own stock improved to 77.61 up +0.27.
The benchmark 30 year loan interest rates have been offered at 4.09% at HSBC Bank (NYSE:HBC) and an APR of 4.177% today. The short term 15 year loan interest rates have been offered at 3.625% at the bank carrying an APR of 3.775% today.
ARM interest rates in the 5 year category at HSBC are available starting at 4% with an APR of 4.166%. The 7 year ARM interest rates are on the books at 3.96% currently showing an APR of 4.133%. The 10 year Adjustable Rate Mortgages have been quoted at 4% and an APR of 4.134%.
And now, HSBC’s stock price dropped sharply to 1.68 down -5.62%.
30 year FRM interest rates are being quoted at 3.25% at Quicken Loans today carrying an APR of 3.704%. 30 year VA loan interest rates are coming out at 3.375% and an APR of 3.787%.
The short term 15 year FRMs at the bank have been listed at 3.625% with an APR of 3.91% today.
5/1 ARM interest rates at Quicken are being offered for 3.875% with a starting APR of 4.136%.