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
UPDATED: Missing man located safe
RCMP are looking for information after a vehicle fire at a Stephenville dealership last night
RCMP looking for the public's help with a stolen ATV investigation in Barachois Brook
Man arrested after an assault in Corner Brook that left a female with injuries
Child and Youth Advocate releases report titled, "Off the Radar"
