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COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE JANUARY 9, 2024
Tuesday, January 09, 2024 | 03:29pmNASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 12.50 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 8.50 percent as published by the Federal Reserve on January 8, 2024.
news | tn | Press Releases | Financial Institutions | Formula Rates
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FAFSA Now Available for Tennessee Students, Tennessee Promise FAFSA Deadline Moved to May 15
Monday, January 08, 2024 | 03:26pmNashville - The Free Application for Federal Student Aid (FAFSA) is now available for Tennessee students, including recent changes to make it easier than ever to apply for financial aid to support a college education.
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Free Becoming an Outdoor Woman (BOW) Trapper Education Workshop Set for Buffalo Ridge Refuge
Monday, January 08, 2024 | 03:18pm -
TNECD Announces Two New Select Tennessee Certified Sites
Monday, January 08, 2024 | 02:00pmThe Tennessee Department of Economic and Community Development (TNECD) today announced that two sites have been certified through the Select Tennessee Certified Sites program.
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FARM Cost Share Second Round Recipients Announced
Monday, January 08, 2024 | 10:16amThe Tennessee Department of Agriculture (TDA) is announcing the second round of recipients for the Tennessee Forestry, Agriculture, and Rural Markets (FARM) cost share program.
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Bridge Work Prompts Traffic Shift on Interstate 24 in Coffee County
Monday, January 08, 2024 | 10:01am -
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Important Notice Posted: Tax Filing Extensions: December 2023 Severe Storms & Tornadoes
Friday, January 05, 2024 | 03:10pm -
Weekly East Tennessee Construction Report for January 4-10, 2024
Thursday, January 04, 2024 | 06:35pmA listing of lane closures and road construction activities for 24 East Tennessee counties.
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Governor Lee, Commissioner McWhorter Announce Technology Lab to Expand Operations at Nashville Headquarters
Thursday, January 04, 2024 | 10:00amTennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Technology Lab officials announced today the company will invest $1.8 million to expand its services in the Greater Nashville region.
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COMMISSIONER GONZALES ANNOUNCES MAXIMUM EFFECTIVE RATE of INTEREST
Wednesday, January 03, 2024 | 02:13pmThe Federal National Mortgage Association has discontinued its free market auction system for commitments to purchase conventional home mortgages. Therefore, the Commissioner of Financial Institutions hereby announces that the maximum effective rate of interest per annum for home loans as set by the General Assembly in 1987, Public Chapter 291, for the month of February, 2024 is 8.00 percent per annum. The rate as set by the said law is an amount equal to four percentage points above the index of market yields of long-term government bonds adjusted to a thirty (30) year maturity by the U. S. Department of the Treasury. For the most recent weekly average statistical data available preceding the date of this announcement, the calculated rate is 4.00 percent.
news | tn | Press Releases | Financial Institutions | Formula Rates