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
BOISAR members called in to help search for a missing Corner Brook man, later that day his body was found
Bay St. George RCMP arrested a man Monday after he fled on an ATV and then became physical with officers
RCMP catch two impaired drivers on the Northern Peninsula
Missing Corner Brook man found deceased
Victim airlifted to St. John's and suspect found dead after a shooting in Grand Falls-Windsor
