RateCity.com.au
laine-gordon

Laine Gordon

Money Editor

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974 articles written by Laine Gordon

Home Loans

Rate cut could shave $700 per year off average mortgage

RateCity.com.au expects the Reserve Bank to cut rates tomorrow and then again as early as August.

laine-gordon

Laine Gordon -

03 Jun, 2019 -

2 min read

Home Loans

Greater Bank goes below 3%

Greater Bank has announced it will slash its 1-year fixed home loan for owner-occupiers paying principal and interest by 0.50 per cent to 2.99 per cent.

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Laine Gordon -

30 May, 2019 -

2 min read

Home Loans

NAB slashes fixed home loan rates

laine-gordon

Laine Gordon -

30 May, 2019 -

2 min read

Home Loans

Rates remain on hold for the 33rd month, but here’s how to get a rate cut

The RBA has resisted calls to cut the official cash rate, but will be looking closely at this month’s employment data, whether wages growth remains flat and potentially the next round of inflation figures, before they pull the trigger.

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Laine Gordon -

08 May, 2019 -

2 min read

Home Loans

Westpac slashes fixed rates, pouring more fuel on the fixed rate fire sale

Westpac has announced it is cutting fixed rates on a range of owner occupier and investor home loans by up to 0.20 per cent, effective tomorrow.

laine-gordon

Laine Gordon -

11 Apr, 2019 -

2 min read

Home Loans

New lending rises in February: another ‘blip’ or has the tide turned?

In a surprise move, the ABS lending to households and businesses figures rose in February, with new owner-occupier loans leading the way with a 3.4 per cent increase from the previous month, in seasonally-adjusted terms.

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Laine Gordon -

09 Apr, 2019 -

2 min read

Home Loans

Housing finance tumbles in December, credit cards continue to fall out of favour

ABS figures out today show a dramatic drop in new housing loans, while the number of credit cards are also continuing to fall, according to the RBA.

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Laine Gordon -

12 Feb, 2019 -

3 min read

Home Loans

Cash rate holds as banks court ‘ideal’ borrowers

People refinancing their home loans has hit the same flat line as the official cash rate, despite the revelations in the Royal Commission and the potential savings home owners could make.

laine-gordon

Laine Gordon -

05 Feb, 2019 -

3 min read

Home Loans

Another one bites the dust, ING the latest lender to hike home loan rates

ING is lifting variable home loan rates by 15 basis points, impacting both new and existing variable home loan customers.

laine-gordon

Laine Gordon -

31 Jan, 2019 -

2 min read

Home Loans

NAB caves to funding pressures

NAB’s decision to hike rates is a long-awaited blow for its variable rate customers. Yesterday’s announcement comes 136 days after they said they were keeping their variable rates on hold.

laine-gordon

Laine Gordon -

25 Jan, 2019 -

2 min read