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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

Home loan rates hit new record low of 1.99%

Fixed home loan rates continue to tumble, with Bank of Us the first lender to offer the average Australian a fixed home loan rate under 2 per cent.

laine-gordon

Laine Gordon -

29 Jun, 2020 -

3 min read

Bank Accounts

Bank fees fall, but Australians still fork out $3.92 billion

Australians forked out $3.92 billion in bank fees last year, new figures from the RBA show. This equates to around $406 per household in bank fees a year.

laine-gordon

Laine Gordon -

18 Jun, 2020 -

4 min read

Home Loans

Aussies hunker down on debt in lockdown

Australians wiped a record $1.55 billion off debt accruing interest on their credit cards – the highest drop on record.

laine-gordon

Laine Gordon -

10 Jun, 2020 -

3 min read

Home Loans

Hidden costs of ScoMo’s first home loan deposit scheme

The Australian Government’s First Home Loan Deposit Scheme has been fully reserved, but for those who missed out, a further 10,000 places will be made available from 1 July.

laine-gordon

Laine Gordon -

27 May, 2020 -

5 min read

Home Loans

Home loan cash backs heat up, but are they worth it?

More than a dozen lenders are offering cash incentives for home owners willing to move their business to a new lender, with Suncorp Bank, Reduce Home Loans and 86 400 the latest to put cash offers on the table.

laine-gordon

Laine Gordon -

21 May, 2020 -

6 min read

Credit Cards

Credit cards still on the nose, however people with cards start reaching for them more

New figures out today from the RBA show the number of personal credit card accounts has dropped to the lowest point in almost a decade.

laine-gordon

Laine Gordon -

07 May, 2020 -

3 min read

Home Loans

Home lending falls in February: a sign of what’s to come

New ABS figures out today show the value of new loans settled in February fell 1.71 per cent month-on-month in seasonally-adjusted terms.

laine-gordon

Laine Gordon -

08 Apr, 2020 -

2 min read

Home Loans

Home loan rates continue to tumble for new customers

While the RBA left the cash rate at 0.25 per cent today, lenders are still slashing home loan rates for new customers, particularly owner occupiers who have equity in their home.

laine-gordon

Laine Gordon -

07 Apr, 2020 -

3 min read

Savings Accounts

CBA savings rates changes a reminder to give your savings a health check

Australia’s biggest bank, CBA, has cut the bonus rates on its Goal Saver account today by up to 0.35 per cent while increasing the base rate on this account by 0.09 per cent.

laine-gordon

Laine Gordon -

03 Apr, 2020 -

3 min read

Home Loans

The real cost of a repayment pause, and how to minimise the fallout

CBA’s announcement today that customers who take a six-month repayment pause will be refunded interest-on-interest charges during this time will help families struggling to make ends meet.

laine-gordon

Laine Gordon -

02 Apr, 2020 -

5 min read