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
The real cost of defaulting on your mortgage
Skipping a mortgage repayment once per year over the life of your home loan could extend your mortgage by two years and see you paying an extra $33,000 in interest and late fees. That's the cost of defaulting annually on an average 25-year, $300,000 home loan
Laine Gordon -
25 May, 2011 -
3 min read
Is now the right time to buy your first home?
With slightly lower prices, reasonable interest rates and plenty of properties to choose from, is 2011 shaping up as a great year for first homebuyers?
Laine Gordon -
24 May, 2011 -
2 min read
New buyers not bothered by interest rate rises
Rising living costs and housing affordability pose a greater barrier to home ownership than the fear of interest rate rises, a new Loan Market survey has found.
Laine Gordon -
24 May, 2011 -
2 min read
The Big Four clean up with mortgage market share
The major banks appear to be winning the battle for the lion’s share of Australia’s lucrative home loans market.
Laine Gordon -
23 May, 2011 -
2 min read
Taking the stress out of your first home loan
Use these handy tips to take the legwork out of owning your first home! Get help, get tailored, use calculators and much more.
Laine Gordon -
21 May, 2011 -
2 min read
Interest rates will rise
In the period from October 2009 to November 2010, Australian homeowners were hit by seven interest rate rises. But the honeymoon is about to end, according to finance experts.
Laine Gordon -
20 May, 2011 -
2 min read
Repayment pressure as mortgage defaults increase
Both the Commonwealth Bank and Westpac have reported an increase in customers unable to meet their mortgage payments as living costs and utility bills soar. And the problem is likely to get worse before it gets better.
Laine Gordon -
19 May, 2011 -
2 min read
Should mortgage exit fees remain?
Legislation banning exit fees on new home loans comes into effect on July 1, 2011. But not if a Senate committee has its way.
Laine Gordon -
18 May, 2011 -
2 min read
Top 10 free finance apps
These days you can manage your money without sitting in front of your computer with the following apps: Banking apps, Income tax calculator, Easy loan, eMoney Mobile and many more.
Laine Gordon -
16 May, 2011 -
2 min read
2011 Budget overlooks housing affordability
Treasurer Wayne Swan’s 2011-12 federal budget failed to provide solutions to Australia’s housing affordability crisis, according to the Real Estate Institute of Australia (REIA).
Laine Gordon -
16 May, 2011 -
2 min read