Department Mission

Contacts & Phone Numbers

Rates of Interest

Rules of the Department of Financial Institutions

HISTORICAL LISTING OF
MAXIMUM EFFECTIVE INTEREST RATES (a/k/a home loan rate)
AS DETERMINED PURSUANT TO T.C.A. § 47-15-103

MONTH

EFFECTIVE RATE

June, 2008 8.53
May, 2008 8.36
April, 2008 8.59
March, 2008 8.35
February, 2008 8.38
January, 2008 8.36
December, 2007 8.67
November, 2007 8.87
October, 2007 8.85
September, 2007 8.91
August, 2007 9.19
July, 2007 9.01
June, 2007 8.84
May, 2007 8.89
April, 2007 8.84
March, 2007 9.06
February, 2007 8.87
January, 2007 8.71
December, 2006 8.90
November, 2006 8.81
October, 2006 8.99
September, 2006 9.20
August, 2006 9.38
July, 2006 9.31
June, 2006 9.30
May, 2006 9.01
April, 2006 8.71
March, 2006 8.82
February, 2006 8.72
January, 2006 8.91
December, 2005 8.94
November, 2005 8.66

October, 2005

8.34

September, 2005

8.42

August, 2005

8.23

July, 2005

8.40

June, 2005

8.55

May, 2005

8.81

April, 2005

8.68

March, 2005

8.67

February, 2005

8.91

January, 2005

8.89

December, 2004

8.69

November, 2004

8.71

October, 2004

8.76

September, 2004

9.24

August, 2004

9.34

July, 2004

9.27

June, 2004

9.29

May, 2004

8.78

April, 2004

8.92

March, 2004

9.03

February, 2004

9.08

January, 2004

9.12

December, 2003

9.21

November, 2003

9.03

October, 2003

9.37

September, 2003

9.30

August, 2003

8.50

July, 2003

8.39

June, 2003

8.86

May, 2003

8.97

April, 2003

8.82

March, 2003

8.98

February, 2003

8.90

January, 2003

9.16

December, 2002

9.12

November, 2002

8.91

October, 2002

9.14

September, 2002

9.52

August, 2002

9.62

July, 2002

9.77

June, 2002

9.72

May, 2002

9.94

April, 2002

9.57

March, 2002

9.42

February, 2002

9.54

January, 2002

9.33

December, 2001

9.02

November, 2001

9.51

October, 2001

9.40

September, 2001

9.55

August, 2001

9.66

July, 2001

9.80

June, 2001

9.71

May, 2001

9.44

April, 2001

9.36

March, 2001

9.56

February, 2001

9.43

January, 2001

9.66

December, 2000

9.80

November, 2000

9.89

October, 2000

9.71

September, 2000

9.75

August, 2000

9.94

July, 2000

10.00

June, 2000

9.95

May, 2000

9.94

April, 2000

10.15

March, 2000

10.33

February, 2000

10.46

January, 2000

10.30

December, 1999

10.30

November, 1999

10.09

October, 1999

10.08

September, 1999

10.05

August, 1999

10.03

July, 1999

9.95

June, 1999

9.58

May, 1999

9.63

April, 1999

9.49

March, 1999

9.12

February, 1999

9.12

January, 1999

9.05

December, 1998

9.12

November, 1998

9.00

October, 1998

9.32

September, 1998

9.73

August, 1998

9.63

July, 1998

9.83

June, 1998

10.02

May, 1998

9.89

April, 1998

9.94

March, 1998

9.89

February, 1998

9.93

January, 1998

10.06

December, 1997

10.22

November, 1997

10.35

October, 1997

10.63

September, 1997

10.38

August, 1997

10.72

July, 1997

10.99

June, 1997

10.96

May, 1997

?

April, 1997

10.93

March, 1997

10.75

February, 1997

10.83

January, 1997

10.55

December, 1996

10.48

November, 1996

10.81

October, 1996

11.03

September, 1996

11.03

August, 1996

11.03

July, 1996

11.06

June, 1996

10.93

May, 1996

10.79

April, 1996

10.60

March, 1996

10.24

February, 1996

10.08

January, 1996

10.06

December, 1995

10.26

November, 1995

10.37

October, 1995

10.55

September, 1995

10.86

August, 1995

10.72

July, 1995

10.57

June, 1995

10.95

May, 1995

11.36

April, 1995

11.45

March, 1995

11.61

February, 1995

11.85

January, 1995

11.87

December, 1994

12.08

November, 1994

11.94

October, 1994

11.71

September, 1994

11.49

August, 1994

11.58

July, 1994

11.40

June, 1994

11.41

May, 1994

11.27

April, 1994

10.91

March, 1994

10.49

February, 1994

10.29

January, 1994

10.25

December, 1993

10.21

November, 1993

9.94

October, 1993

10.00

September, 1993

10.32

August, 1993

10.93

July, 1993

10.81

June, 1993

10.92

May, 1993

10.85

April, 1993

10.82

March, 1993

11.09

February, 1993

11.34

January, 1993

11.44

December, 1992

11.61

November, 1992

11.53

October, 1992

11.34

September, 1992

11.39

August, 1992

11.60

July, 1992

11.84

June, 1992

11.89

May, 1992

11.96

April, 1992

11.97

March, 1992

11.85

February, 1992

11.58

January, 1992

11.70

December, 1991

11.92

November, 1991

11.93

October, 1991

11.95

September, 1991

12.14

August, 1991

12.45

July, 1991

12.47

June, 1991

12.27

May, 1991

12.21

April, 1991

12.29

March, 1991

12.03

February, 1991

12.27

January, 1991

12.24

December, 1990

12.54

November, 1990

12.86

October, 1990

13.03

September, 1990

12.00

August, 1990

12.50

July, 1990

12.46

June, 1990

12.73

May, 1990

13.00

April, 1990

12.56

March, 1990

12.50

February, 1990

12.26

January, 1990

11.90

December, 1989

11.91

November, 1989

12.00

October, 1989

12.15

September, 1989

12.12

August, 1989

12.08

July, 1989

12.27

June, 1989

12.83

May, 1989

13.03

April, 1989

13.17

March, 1989

13.01

February, 1989

12.93

January, 1989

13.00

December, 1988

13.15

November, 1988

12.89

October, 1988

13.06