TN TDFI News

Tennessee Maximum Interest Rate Announcement

The Tennessee Department of Financial Institutions announced the maximum effective formula rate of interest for the week of February 24, 2026, is 10.75%. This rate is set weekly based on the Federal Reserve's prime loan rate.

Tennessee Maximum Interest Rate Announcement

The Tennessee Department of Financial Institutions announced the weekly formula interest rate for March 3, 2026, setting the maximum effective rate at 10.75% per annum. This rate is based on the Federal Reserve's weekly average prime loan rate and is subject to change.

Tennessee Maximum Home Loan Interest Rate for April 2026

The Tennessee Department of Financial Institutions announced the maximum effective interest rate for home loans for April 2026 will be 9.98%. This rate is set at four percentage points above the average prime offer rate for a thirty-year fixed loan.

Tennessee Maximum Interest Rate Announcement

The Tennessee Department of Financial Institutions announced the weekly maximum effective formula interest rate for the state is 10.75% per annum, effective March 10, 2026. This rate is calculated based on the Federal Reserve's prime loan rate.

Tennessee Maximum Interest Rate Announcement

The Tennessee Department of Financial Institutions announced the weekly maximum effective formula rate of interest for the state, set at 10.75% per annum. This rate is determined by a formula based on the Federal Reserve's weekly average prime loan rate.