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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, 2025 is 8.94 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 4.94 percent.

NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 11.50 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 7.50 percent as published by the Federal Reserve on June 2, 2025.

James Askins, Wildlife Tech 2 at Buffalo Ridge, was thanked for assisting the Fisheries Division in developing a kayak and canoe access point on the Buffalo River off Highway 13, between Lobelville and Interstate 40. James played a key role in a partnership project involving TWRA, the Tennessee Department of Transportation (TDOT), and the Tennessee Scenic River Partnership (TSRP).

NASHVILLE, Tenn. – More than 260 Guardsmen from the Tennessee Army National Guard’s 278th Armored Cavalry Regiment departed from Knoxville and Smyrna, May 30, on their first leg of a nearly year-long deployment to the Middle East.

The Department of Safety and Homeland Security’s Springfield Driver Services Center, 4676 Highway 41 North, Suite C, which closed for a planned remodel on May 21, will reopen on Monday, June 2.

On Thursday, May 29, the Tennessee Highway Safety Office (THSO), a division of the Tennessee Department of Safety and Homeland Security, joined NASCAR driver Ross Chastain for a traffic safety event, reminding attendees to “Use Your Melon” and never drink and drive. This event was exclusive for students at Nashville Auto-Diesel College to help increase traffic safety education and promote safe driving behaviors.

NASHVILLE --- The Tennessee Wildlife Resources Agency (TWRA) will start accepting applications for wildlife officer positions June 2-23.

NASHVILLE, TN– The Tennessee Department of Human Services (TDHS) has opened applications for the 2025 Families First Community Grant Program, an initiative that will make available approximately $27 million in funding to non-profit organizations providing direct services to strengthen Tennessee families in need and promote self-sufficiency.