RateCity.com.au
laine-gordon

Laine Gordon

Head of Public Relations

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Laine Gordon is the Head of Public Relations at RateCity and an experienced journalist and research specialist. With a background in news and feature writing, covering finance, media and even food (a passion of hers) at Reed Elsevier publications, Laine brings almost two decades of experience to the team. Having covered major areas of interest to the general public from hip pocket issues to rising and falling interest rates and the impact to mortgages, credit and saving in Australia, she is passionate about researching and telling people’s stories to help others make better decisions about their own finances.

956 articles written by Laine Gordon

Home Loans

COVID-affected customers should receive rate cuts not rate hikes: RateCity

From September, homeowners on a deferral who can’t resume their repayments can potentially extend the pause by an extra four months or switch to interest-only repayments.

laine-gordon

Laine Gordon -

21 Aug, 2020 -

4 min read

Home Loans

Home loan market shows signs of life as variable rates hit 1.95%

New home lending has partially recovered from its record drop last month according to ABS figures released today. It comes as home loan rates keep on tumbling, with a new lowest ongoing variable rate of 1.95 per cent now on the market.

laine-gordon

Laine Gordon -

05 Aug, 2020 -

4 min read

Home Loans

Borrowers rush to refinance as loyalty tax bites

The Reserve Bank is expected to leave the cash rate on hold at 0.25 per cent when it meets this afternoon. But a new survey from RateCity.com.au found 43 per cent of home loan borrowers are looking to refinance in light of COVID-19 and record low rates.

laine-gordon

Laine Gordon -

04 Aug, 2020 -

3 min read

Home Loans

Home loans hit new record low of 1.98%

Homestar Finance has today claimed the title of the lowest fixed rate on the market for new home buyers and refinancers, sitting at 1.98%.

laine-gordon

Laine Gordon -

30 Jul, 2020 -

2 min read

Home Loans

Game on as variable rates drop to 1.99 per cent

The home loan war is heating up, with Loans.com.au offering an introductory home loan rate of just 1.99 per cent.

laine-gordon

Laine Gordon -

22 Jul, 2020 -

3 min read

Home Loans

Record number of Aussies refinance as new home lending plummets

Today’s figures from the ABS show new home lending plunged $2.15 billion in May, the biggest monthly drop ever recorded.

laine-gordon

Laine Gordon -

09 Jul, 2020 -

2 min read

Savings Accounts

Westpac steps up for young Australians as CBA cuts intro savings rates

Australia’s second largest bank, Westpac, has today launched a new ongoing savings rate of 3 per cent for Australians aged 18 to 29 years.

laine-gordon

Laine Gordon -

08 Jul, 2020 -

3 min read

Home Loans

Banks extend mortgage deferrals, but what’s the cost?

Australian banks have today announced that they will allow mortgage holders in severe financial hardship to extend their mortgage repayment pause by up to four months.

laine-gordon

Laine Gordon -

08 Jul, 2020 -

3 min read

Credit Cards

Australians wipe a record $1.64 billion off credit card debts in May

New figures released today from the RBA show Australians wiped $1.64 billion off credit card debt accruing interest in May, the biggest monthly drop on record.

laine-gordon

Laine Gordon -

07 Jul, 2020 -

3 min read

Home Loans

COVID-19 rewards borrowers, but savers feel the pain

The Reserve Bank is expected to leave the cash rate on hold at 0.25 per cent when it meets this afternoon. But RateCity data shows home loan and deposit rates have continued to tumble in the past month.

laine-gordon

Laine Gordon -

07 Jul, 2020 -

3 min read