• Commissioner Gonzales Announces Weekly Formula Rate August 10, 2015

    Monday, August 10, 2015 | 12:18pm

    NASHVILLE -- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.25 percent per annum.

    The rate is based on a ceiling of 4.00 percent over the weekly average prime loan rate of 3.25 percent as published by the Federal Reserve on August 10, 2015.

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  • Commissioner Gonzales Announces Weekly Formula Rate August 3, 2015

    Tuesday, August 04, 2015 | 9:45am

    NASHVILLE -- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.25 percent per annum.

    The rate is based on a ceiling of 4.00 percent over the weekly average prime loan rate of 3.25 percent as published by the Federal Reserve on August 3, 2015.

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  • Commissioner Gonzales Announces Maximum Effective Rate of Interest

    Tuesday, August 04, 2015 | 9:30am

    The 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 September, 2015 is 6.95 percent per annum.

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  • Commissioner Gonzales Announces Weekly Formula Rate for July 27, 2015

    Tuesday, July 28, 2015 | 3:45pm

    NASHVILLE -- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.25 percent per annum.

    The rate is based on a ceiling of 4.00 percent over the weekly average prime loan rate of 3.25 percent as published by the Federal Reserve on July 27 2015.

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  • Commissioner Gonzales Announces Weekly Formula Rate for July 20, 2015

    Tuesday, July 21, 2015 | 9:30am

    NASHVILLE -- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.25 percent per annum.

    The rate is based on a ceiling of 4.00 percent over the weekly average prime loan rate of 3.25 percent as published by the Federal Reserve on July 20, 2015.

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  • Commissioner Gonzales Announces Weekly Formula Rate for July 13, 2015

    Monday, July 13, 2015 | 9:26am

    NASHVILLE -- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.25 percent per annum.

    The rate is based on a ceiling of 4.00 percent over the weekly average prime loan rate of 3.25 percent as published by the Federal Reserve on July 13, 2015.

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  • Commissioner Gonzales Announces Weekly Formula Rate for July 7, 2015

    Tuesday, July 07, 2015 | 3:49pm

    NASHVILLE -- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.25 percent per annum.

    The rate is based on a ceiling of 4.00 percent over the weekly average prime loan rate of 3.25 percent as published by the Federal Reserve on July 7, 2015.

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  • Commissioner Gonzales Announces Maximum Effective Rate of Interest

    Wednesday, July 01, 2015 | 8:57am

    The 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 August, 2015 is 7.15 percent per annum.

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  • Commissioner Gonzales Announces Weekly Formula Rate for June 29, 2015

    Monday, June 29, 2015 | 8:03am

    NASHVILLE -- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.25 percent per annum.

    The rate is based on a ceiling of 4.00 percent over the weekly average prime loan rate of 3.25 percent as published by the Federal Reserve on June 29, 2015.

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  • Commissioner Gonzales Announces Weekly Formula Rate for June 23, 2015

    Wednesday, June 24, 2015 | 10:39am

    NASHVILLE -- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.25 percent per annum.

    The rate is based on a ceiling of 4.00 percent over the weekly average prime loan rate of 3.25 percent as published by the Federal Reserve on June 22, 2015.

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  • Commissioner Gonzales Announces Weekly Formula Rate for June 15, 2015

    Monday, June 15, 2015 | 3:00pm

    NASHVILLE -- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.25 percent per annum.

    The rate is based on a ceiling of 4.00 percent over the weekly average prime loan rate of 3.25 percent as published by the Federal Reserve on June 15, 2015.

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  • Commissioner Gonzales Announces Weekly Formula Rate for June 8, 2015

    Monday, June 08, 2015 | 12:20pm

    NASHVILLE -- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.25 percent per annum.

    The rate is based on a ceiling of 4.00 percent over the weekly average prime loan rate of 3.25 percent as published by the Federal Reserve on June 8, 2015.

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  • Commissioner Gonzales Announces Maximum Effective Rate of Interest

    Wednesday, June 03, 2015 | 11:31am

    The 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 July, 2015 is 6.89 percent per annum.

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  • Commissioner Gonzales Announces Weekly Formula Rate for June 2, 2015

    Tuesday, June 02, 2015 | 11:39am

    NASHVILLE -- Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.25 percent per annum.

    The rate is based on a ceiling of 4.00 percent over the weekly average prime loan rate of 3.25 percent as published by the Federal Reserve on June 1, 2015.

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