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
RCMP looking for a 61-year-old man last seen in the Bonne Bay area yesterday afternoon
Heavy police presence on Wheeler's Road area of Corner Brook has ended without incident
Military munition found in Bay St. George prompts closure of Stephenville RCMP office
Average wait time for a building or renovation permit in Corner Brook is four days
MS Walk takes place in Corner Brook this Sunday with a goal of raising $26K
