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 Mayor says extra police presence in downtown area is being noticed
RNC issue warning to concert goers about online ticket scams
Three people from the west coast named to Team NL Mission Staff for the 2027 Canada Winter Games
Fire ban in effect for all of NL until July 17th
RNC stresses importance of safe driving as summer traffic is on the increase
