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laine-gordon

Laine Gordon

Money Editor

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974 articles written by Laine Gordon

Home Loans

First homebuyer alert: How to accelerate your deposit

There are some key ways to give your savings power a boost. Save regularly, not just here and there, make your money work, earn more than you spend and government programs and grants.

laine-gordon

Laine Gordon -

06 Jul, 2011 -

2 min read

Home Loans

Bank gimmicks fail to win new customers

A new report from Loan Market reveals that, in spite of the Big Four banks offering everything from cash incentives to paying competitors’ exit fees, the mortgagees of Australia are largely reluctant to change lenders in their search for the best mortgage.

laine-gordon

Laine Gordon -

02 Jul, 2011 -

2 min read

Home Loans

New reports says housing market set for recovery

Business research and forecasting company BIS Shrapnel has released a new report stating the housing market will begin to recover within the next two years.

laine-gordon

Laine Gordon -

01 Jul, 2011 -

2 min read

Home Loans

CBA cuts interest rates on no-fee loan

In a bid to increase its share of the flagging mortgage market, the Commonwealth Bank has reduced the interest rate on its ‘no fee’ home loan from 7.24 to 7.11 percent. The discounted rate will save mortgage holders around $27 per month on average.

laine-gordon

Laine Gordon -

30 Jun, 2011 -

2 min read

Home Loans

$7000 tree change' grant

Residents in Sydney, Newcastle and Wollongong are being offered a one-off $7000 payment to uproot for a tree change as part of the NSW government's Regional Relocation Grant. But an embarrassing loophole means that you may only have to move one suburb away to cash in.

laine-gordon

Laine Gordon -

30 Jun, 2011 -

3 min read

Home Loans

The things you should know about your mortgage

With a ban on excessive early exit mortgage fees now in place, borrowers are being urged to take advantage of switching without penalty to find a better deal on their home loans.

laine-gordon

Laine Gordon -

30 Jun, 2011 -

3 min read

Home Loans

Be wary of cleverly marketed mortgages

Borrowers are being urged to take caution when signing up to some home loan interest rate promotions, following the launch of several deals last month. While the official cash rate remained steady in May and June, five lenders slashed some of their residential mortgage rates by as much as 45 basis points.

laine-gordon

Laine Gordon -

30 Jun, 2011 -

3 min read

Car Loans

Turn around your finances and save

If you rely on someone else to sort out your finances or you've simply lost track of yours then you could be wasting hundreds, if not thousands, of dollars each year in interest, fees and charges without even knowing it.

laine-gordon

Laine Gordon -

30 Jun, 2011 -

3 min read

Home Loans

To fix or not to fix your home loan rate?

If you're nearing the end of your current mortgage deal or you're looking to buy a new home then planning your finance strategy for the future is no walk in the park, particularly amid rate rise forecasts.

laine-gordon

Laine Gordon -

30 Jun, 2011 -

3 min read

Home Loans

Owning or renting? How each stacks up financially

Do you think owning your own property is financially out of reach? On the contrary, new figures reveal that the monthly cost to rent a house in the nation's capital cities is on par with repaying an average-sized mortgage.

laine-gordon

Laine Gordon -

30 Jun, 2011 -

3 min read