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
One man was injured at a workplace accident in Corner Brook yesterday
No injuries in a hit and run in Stephenville yesterday afternoon
The annual Corner Brook Bay of Islands Pride Parade is tomorrow with a celebration at the Majestic Lawn
BOISAR uses new drone to pinpoint the location of lost hikers near Corner Brook
$270M for improvements at Marine Atlantic terminals in Port aux Basques and Argentia
