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laine-gordon

Laine Gordon

Money Editor

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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.

968 articles written by Laine Gordon

Home Loans

Luxury home market slumps

New data from The RP Data-Rismark home value index for April reveals that luxury homes in Australia’s most expensive suburbs lost 5.4 percent of their value over the last year, while homes in less expensive areas largely held steady, dropping by just 0.9 percent. Homes in the cheapest suburbs also maintained their value, falling by only 0.5 percent.

laine-gordon

Laine Gordon -

08 Jun, 2011 -

2 min read

Home Loans

Home loan wars heat up

As the housing market remains flat, it certainly pays to compare home loans. The major banks are offering discounted interest rates and larger mortgages in a bid to entice borrowers back to the market.

laine-gordon

Laine Gordon -

07 Jun, 2011 -

2 min read

Home Loans

Is your mortgage really an 'award winner'?

Any foray into the complex world of trying to find the best mortgage is bound to yield an array of products that claim to be award-winning leaders in the field. But as Choice magazine’s Ingrid Just says, it pays to look beyond the gold medals and blue ribbons.

laine-gordon

Laine Gordon -

06 Jun, 2011 -

2 min read

Home Loans

Aussies skip mortgage repayments at record highs

Skipping a mortgage repayment is becoming more common among Australian households, according to new research from Fitch Ratings. The number of homes that missed a monthly home loan repayment set a new record high in the March quarter.

laine-gordon

Laine Gordon -

06 Jun, 2011 -

3 min read

Home Loans

Economic slump will not save us from a rate rise

Homeowners hoping that interest rates remain steady as Australia's export earnings continue to drop look set to be disappointed.

laine-gordon

Laine Gordon -

06 Jun, 2011 -

2 min read

Home Loans

Home loan spotlight: Second mortgages

Thinking of taking out a second mortgage? Ask yourself first if you would be better off refinancing and, if you still wish to go ahead, make sure you consider the good the bad and the ugly.

laine-gordon

Laine Gordon -

04 Jun, 2011 -

2 min read

Home Loans

Bank customer satisfaction: How did your bank fare?

According to Roy Morgan’s Bank Customer Satisfaction Report, the major banks saw an increase of 0.1 percent to 72.9 percent in overall customer approval ratings in the March to April period.

laine-gordon

Laine Gordon -

03 Jun, 2011 -

2 min read

Home Loans

Top mistakes people make when choosing a home loan

Phil Naylor, CEO of MFAA, reveals where you can go wrong trying to find the right mortgage products in a crowded market place.

laine-gordon

Laine Gordon -

02 Jun, 2011 -

2 min read

Home Loans

Home loans for the over-45s now tougher to obtain

Legally, anyone aged over 18 can apply for a mortgage. In reality, lenders are wary of approving older applicants because, to put it bluntly, they need to know you’re going to be around to service the debt.

laine-gordon

Laine Gordon -

01 Jun, 2011 -

2 min read

Home Loans

Homeowners stick with variable rates

Homeowners remain largely unconcerned about the threat of an interest rate rise and are not rushing to fix their variable rate mortgages.

laine-gordon

Laine Gordon -

31 May, 2011 -

2 min read