Tennessee · 114 session · house
HB 908Interest Rates - As enacted, removes the weighted average yield of the accepted offers of the Federal National Mortgage Association's current free market system auction and the 30-year treasury yield as the two bases upon which the maximum effective rate of interest on home loans may be set by the commissioner of financial institutions, and replaces them with the average prime offer rate. - Amends TCA Title 45 and Title 47.
- Status
- Signed into law
- Latest action
- — Effective date(s) 07/01/2025
- Primary sponsor
- Garrett (Republican)
- Interest Rates
Sponsors
- Garrett (Republican) · primaryprimary
Effective dates
What law changes on each date. Different sections can land on different dates.
- July 1, 2025