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
Norris Point man and Corner Brook woman caught with cocaine near Howley this week
Two men arrested, one with a Canada Wide warrant, with drugs, cash and more in Corner Brook last night
Military munition found in Bay St. George has been safely disposed of at a secure location
Moose fencing coming on the TCH from Glide Lake Road to Little Harbour
Government calls for a seven-day food fishery for us all
