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
RNC doing more patrols and handing out tickets in construction zones in the Corner Brook region
64-year-old woman arrested in Roddickton after smoking pot in a parked vehicle
Corner Brook residents can now store recyclables in a garbage bin at the curb but it must be 120 litres or less
Suspended driver caught in Stephenville driving erratically and also gave police a false identity
Corner Brook city hall hoping for a late start to winter after last year's snow clearing budget was a little short
