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laine-gordon

Laine Gordon

Money Editor

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974 articles written by Laine Gordon

Home Loans

Slash your mortgage by $32,000

Want to reduce the amount of interest you pay on your home loan? It can be as simple as linking your everyday banking with your mortgage using an offset feature.

laine-gordon

Laine Gordon -

08 Aug, 2011 -

3 min read

Home Loans

First home buyers hung out to dry?

Despite some growth in the past few months, there were around 60,000 fewer first home buyers to enter the market in the 12 months to May 2011 than last year, says RateCity.

laine-gordon

Laine Gordon -

28 Jul, 2011 -

3 min read

Home Loans

Chop $77,000 off your mortgage

Cropping almost five years, and about $77,000, off your home loan may be as simple as increasing your repayment frequency from once per month to fortnightly. But the amount you save will depend entirely on your lender and their method of calculating interest.

laine-gordon

Laine Gordon -

28 Jul, 2011 -

3 min read

Home Loans

Falling fixed rates: a sign of what's to come?

A further drop in some fixed interest mortgage rates has fuelled speculation that the Reserve Bank will slash the cash rate when it meets on Tuesday (August 2). But consumers are being urged not to become complacent with debt levels and continue to pay down debt where possible.

laine-gordon

Laine Gordon -

25 Jul, 2011 -

3 min read

Credit Cards

The $1.3 billion credit card bill

Australian households whittled away $1.3 billion on their credit cards last year - and much of that was before they even purchased anything or paid interest. That figure is the amount Australians paid on credit card fees in 2010, according to the Reserve Bank of Australia (RBA).

laine-gordon

Laine Gordon -

25 Jul, 2011 -

3 min read

Home Loans

First time property owners urged to buy now

Can’t afford to get into the property market just yet? A new report from PRD Nationwide is urging first timers to bite the bullet while prices are soft and suggests that if you can’t afford it, team up with a friend or relative or start small with a stepping stone such as a studio apartment.

laine-gordon

Laine Gordon -

11 Jul, 2011 -

2 min read

Home Loans

Property bubble set to burst?

Whether or not you believe the ‘housing bubble’ a) exists, and b) is set to burst,

laine-gordon

Laine Gordon -

09 Jul, 2011 -

2 min read

Home Loans

Investment property hotspots

As property investors return to the market, the Gold Coast in Queensland and Newcastle in NSW, are emerging as potential hotspots for those looking at an investment loan, according to real estate mogul John McGrath.

laine-gordon

Laine Gordon -

08 Jul, 2011 -

2 min read

Home Loans

Government scheme helps property investors

Would the promise of $100,000 paid to you in 10 tax-free annual installments help lure you into investing in property? If the answer is yes, then maybe the government’s National Rental Affordability Scheme (NRAS) is the right home finance service for you.

laine-gordon

Laine Gordon -

07 Jul, 2011 -

2 min read

Home Loans

Online mortgage wars gather even more steam

Australians are embracing online mortgage products with gusto, resulting in heated competition from lenders for a bigger share of the .com lending market.

laine-gordon

Laine Gordon -

06 Jul, 2011 -

2 min read