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
Minor baseball field at Jubilee Field in Corner Brook to be named in honour of Rob Myrden tonight
Corner Brook Mayor talks about West Street improvements and a man who is cleaning up graffitti on his own
Government is reviewing plans to build an industrial subdivision and marine port south of St. Anthony
Government announces $1.2M for Sport NL
Stephenville Ground Search and Rescue helps lost atv operator and passenger who spent the night in the woods
