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
Port Saunders RCMP looking to arrest 33-year-old Tyler James Melvyn Bennett
Charges upgraded now that a young boy has died after being struck by a vehicle in St. John's
Single vehicle crash near the airstrip in Bell Island claims the life of a 58-year-old man
Corner Brook submits plan for federal funding to help with the costs of paving roads
Town of Deer Lake is taking comments on the proposed development of row houses on Trailer Court Road
