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
To buy or not to buy, Clearance rates skyrocket
Is now the time to ride the property market clearance wave or wait till the tide turns? A sales splurge has swept the Australian mortgage market, with hundreds of properties clearing out every week.
Laine Gordon -
09 Nov, 2009 -
3 min read
Are coastal homes an affordable dream?
A fall in coastal property prices over the past year has created more opportunities for people thinking of a sea change. As people scrambled to snap up houses in metropolitan areas, competition on the coast has waned, but property research from RP Data suggests the tide will soon turn.
Laine Gordon -
27 Oct, 2009 -
3 min read
Watch your credit habits, Tougher lending on the way
New credit and privacy laws could make it harder and more expensive to get a home loan so get your credit habits in order now. A new national scheme for regulating credit is to be phased in between now and July 2011.
Laine Gordon -
27 Oct, 2009 -
3 min read
What is the real cost of buying a property?
What exactly do you have to pay for when purchasing a home? Number one fee to hit your back pocket of course is stamp duty, followed by more upfront fees.
Laine Gordon -
26 Oct, 2009 -
3 min read
Home alone: Can single income buyers afford a home?
Many young professionals on a single income have been pondering their chances of survival in the home buying game. But how affordable is it to step into the property market right now?
Laine Gordon -
26 Oct, 2009 -
3 min read
Why Gen Y is broke: $2.6B lent to friends
Generation Y is struggling to manage their finances, with the vast majority resorting to borrowing and lending informally between friends and peers, a St George Bank survey has found. Just what will it take for Gen Y to learn the savings lesson?
Laine Gordon -
21 Oct, 2009 -
3 min read
Why Gen Y is broke: $2.6B lent to friends
Generation Y is struggling to manage their finances, with the vast majority resorting to borrowing and lending informally between friends and peers, a St George Bank survey has found. Just what will it take for Gen Y to learn the savings lesson?
Laine Gordon -
21 Oct, 2009 -
3 min read
Fixed last year? Switch now and pocket $720 a month
Many Australians can save $720 a month by switching from last year’s high fixed rates to a variable home loan. Australian mortgagees may be panicking in light of the interest rate rise announced on October 6. RateCity has shown that borrowers, who locked in to a high fixed rate last year, may now have a window of opportunity to save money on their home loans, if they switch to a variable rate now.
Laine Gordon -
16 Oct, 2009 -
3 min read
Are you wasting $2,700 on home loan fees?
Interest may be the key expense of a mortgage but it pays to be mindful of ongoing fees that can significantly boost the overall cost of a loan. A review of more than 2,000 Australian home loans by RateCity has revealed that almost a third (29 percent) of loans come with ongoing fees, ranging from $3 per month to a hefty $35 each month.
Laine Gordon -
16 Oct, 2009 -
3 min read
Future suffering: First home owners to battle rising rates
Thousands of first time home buyers have cruised into the housing market this year. However, with interest rates set to rise, many home owners could be heading towards mortgage stress.
Laine Gordon -
09 Oct, 2009 -
3 min read