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.
974 articles written by Laine Gordon
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
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 -
07 Jul, 2020 -
3 min read
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 -
07 Jul, 2020 -
3 min read
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 -
29 Jun, 2020 -
3 min read
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 -
18 Jun, 2020 -
4 min read