Laine Gordon
Money Editor
Laine Gordon is the Money Editor 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.
968 articles written by Laine Gordon
Homestar ups the ante with new lowest rate in the country, ahead of RBA
Homestar Finance has announced a new ongoing variable rate of just 1.79 per cent on the eve of a potential RBA cut.
Laine Gordon -
03 Nov, 2020 -
4 min read
Credit card debt hits lowest level since 2004
Australians have wiped a total of $6.3 billion of debt accruing interest from their credit cards since COVID, according to new RBA figures released today.
Laine Gordon -
07 Oct, 2020 -
4 min read
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 -
21 Aug, 2020 -
4 min read
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 -
05 Aug, 2020 -
4 min read
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 -
04 Aug, 2020 -
3 min read
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 -
30 Jul, 2020 -
2 min read
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 -
22 Jul, 2020 -
3 min read
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 -
09 Jul, 2020 -
2 min read
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 -
08 Jul, 2020 -
3 min read
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 -
08 Jul, 2020 -
3 min read