Mortgage interest rates are not affected by the Mortgage Brokerages and Brokers Act and Regulations as these are primarily determined by the Bank of Canada policy rate.
New rules for the mortgage broker industry in Newfoundland and Labrador came into effect yesterday. The new Act and Regulations ensure legislation is current and modern. It will include the implementation of a licensing framework, a Code of Conduct, education, authorize administrative penalties, and strengthen client disclosure. Changes also provide greater protection for people using mortgage brokering services. Mortgage interest rates are not affected by the Mortgage Brokerages and Brokers Act and Regulations as these are primarily determined by the Bank of Canada policy rate. For more information, please visit gov.nl.ca
Corner Brook RNC looking for Jason Benoit, missing since yesterday afternoon
8-year-old boy riding an e-scooter was struck by a vehicle in Corner Brook on Wednesday
Petition circulating after Kruger spilling water at Grand Lake blocks traffic on the T'railway near Howley
Bay du Nord public information session coming to Corner Brook next week
Police stress safety in light of expected increased traffic on the water with the food fishery and warmer weather
