RateCity.com.au
laine-gordon

Laine Gordon

Money Editor

linkedin

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

Savings Accounts

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

Laine Gordon -

21 Oct, 2009 -

3 min read

Home Loans

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

Laine Gordon -

16 Oct, 2009 -

3 min read

Home Loans

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

Laine Gordon -

16 Oct, 2009 -

3 min read

Home Loans

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

Laine Gordon -

09 Oct, 2009 -

3 min read

Home Loans

Women and mortgages: Tackle your home loan fears

If you’re a single woman and the prospect of finding a mortgage leaves you overwhelmed don’t feel alone - most women feel just like you. There are some positive steps you can take to become more confident about choosing a home loan.

laine-gordon

Laine Gordon -

09 Oct, 2009 -

3 min read

Savings Accounts

Term deposits v savings accounts: What's best for you?

Where should one stash their cash: savings accounts or term deposits? Australia may have escaped the full grunt of the GFC, but the new mood of thrifty restraint appears to be hanging around a little longer. This is the perfect environment in which to begin saving for that next rainy day or home loan deposit.

laine-gordon

Laine Gordon -

07 Oct, 2009 -

4 min read

Home Loans

Smart ways to beat rate rises and mortgage stress

Falling behind in your repayments or suffering mortgage stress

laine-gordon

Laine Gordon -

02 Oct, 2009 -

4 min read

Home Loans

Rudd's First Home Owners Boost, How much is it really saving you?

If you are buying your first home you’re no doubt keen to get the Federal Government’s First Home Owners Grant as well as the First Home Owners Boost. With the cut-off date for the Boost fast approaching (December 31, 2009) you may be stressing about missing out.

laine-gordon

Laine Gordon -

02 Oct, 2009 -

4 min read

Savings Accounts

Tax refund, Key to your savings fortune

It's tax refund time, which means millions of Australians are pondering whether to spend their payment at the shops, or put it safely away into their savings accounts.

laine-gordon

Laine Gordon -

30 Sep, 2009 -

4 min read

Home Loans

Discounted home loan rates: are you eligible?

There are several ways to save on your home loan when interest rates are on the rise. Economists are tipping a string of Reserve Bank rate rises in the next year and many lenders are already raising their fixed rates

laine-gordon

Laine Gordon -

23 Sep, 2009 -

4 min read