I have found some great articles to kick off the new year that cover the topics of mortgages, stock trading, personal finance and oil.
- Canadian Mortgage Trends writes about the Top 5 Mortgage Trends of 2007. Among them include how the down payment requirement for a conventional mortgage dropped from 25%->20% and the introduction of longer amortization periods.
- For those of you who like picking your own stocks, then check out The Best of Chris Perrunna 2007. He has a summary of his best work for the year with most of the articles being a must read.
- The biggest news maker of the week is $100 oil. How high it will go is anyones bet, but it's hard to imagine low oil prices in the foreseeable future. Do any of you hedge your heat bill by owning oil stocks?
- The lawyer/blogger at Thicken My Wallet writes about Gym Memberships: Know your Rights. This article struck a chord with me as my gym has sneaky accelerated bi-weekly payments, and if you want to cancel, you need to pay for the remainder of the year anyways. To top it all off, if you want to put your membership on hold, you need a "doctors note". It's almost like it's a my privilege that they get to take my hard earned money. The reason I stay? It's convenient.