Laine Gordon

Through the roof: home lending hits new highs

The mortgage market has broken even more records today, with the value of new home lending hitting an all-time high.

CBA cuts savings rates again as household deposits continue to rise

Australia’s biggest bank, CBA, has today cut savings rates on its main accounts for the second time this month and the fifth time since the November cash rate cut.

Home loans hit a new record low of 1.69%

Greater Bank has today claimed the new lowest home loan rate in Australia – 1.69 per cent, fixed for 1 year.

Low rates, FOMO drive home lending to new high in December

The value of home loans settled in the month of December has hit another record high, thanks to record-low rates, generous government incentives and borrowers’ fear of missing out.

Gift cards: The Christmas naughty and nice list

RateCity.com.au has released its annual ‘naughty and nice’ gift card list, as Australians rush to find the perfect last-minute present this Christmas.

School banking failing our kids: ASIC report

Consumer advocate, RateCity.com.au, believes state and territory governments should kick banks out of our primary schools, on the back of today’s damming school banking report from ASIC.

Credit card debt drops below $20 billion

New RBA figures out today show Australians have slashed the national credit card bill to $19.71 billion in October – the first time debt accruing interest has dropped below $20 billion in almost 16 years.

Home loans hit dizzying heights as first home buyers flock to the market

The value of home loans settled in the month of October has hit an all-time high, thanks to a boom in construction lending and a comeback by first home buyers.

Do you know your rate? Half of borrowers don’t

Following today’s decision by the RBA to leave the cash rate on hold at 0.1 per cent, new research from RateCity.com.au shows almost half of all borrowers are in the dark about their rate.

Beware of the debt hangover this Black Friday

Australians are set to log on in record numbers to the Black Friday and Cyber Monday sales. But while retailers are promising customers big savings, RateCity.com.au is warning shoppers not to get carried away.