The Ramsey Group Ramblings

If you are concerned about losing your job you aren't going to care about this news.  However, if you have confidence in your job you are going to be very happy to learn that the current mortgage rates are the lowest in 39 years!! Best mortgage rates since 1970 and before! At an average 30-year, ...

Are you seeking a job this summer in Charlotte, North Carolina? Finally, some good news for those seeking jobs in the Concord and Locust areas of North Carolina.  Specifically, Wal-Mart has announced that they plan to hire 680 employees to work at two new Super Centers slated to open this summer....

That's right!  You can even help them if needed.  How Can Your Adult Children Buy A Home and Get $8,000? Parents of children age 18 or older are eligible to cosign for FHA financing for their children to buy their first home.  The down payment with FHA financing is only 3.5% and as first-time hom...

So, the Federal Reserve meets again this week to decide what the economy needs.  Specifically, do they need to change the rates and/or policies to strengthen the economy.  The really interesting point to watch this week is when the Gross Domestic Product or GDP number for the first quarter of thi...

Have you seen the new construction in Highland Creek? For those in the area with middle school aged children it is a welcome addition. The new Charlotte Mecklenburg Schools (CMS) middle school in Highland Creek can be accessed either from the Highland Creek Parkway or Ridge Road.  According to CM...

The Charlotte area new home construction fell during the first quarter, even more deeply than nationwide.  Specifically, in Meckenburg County, single family permits fell 62 percent in the first quarter.  The numbers for March alone were down 50 percent.  That was better than the drop of the two p...

An interesting statistic was announced by the Fed.  It stated "In 2008, U.S. households' net worth tumbled by $11 trillion -- a decline in a single year that equals the combined annual output of Germany, Japan and the U.K." The Stock Market Control Wow, that is amazing.  It really shows the contr...

The good economic news continues!  It was announced today that the wholesale prices dropped 1.2% in March 2009.  This bodes well for holding off inflation.  So, although the recession continues  at least it is staving off inflation and helping the average citizen with lower prices. Where did the ...

  The economy is going to make a full recovery!  The question is, When?!  Well, I can tell you that you will soon hear the media saying that things are getting better!  How do I know this?  Because the media is always one to three months behind in reporting news about the economy.  This is becaus...

North Carolina ranked right in the middle of all the United States for economic competitiveness!  This ranking comes from the American Legislative Exchange Council based in Washington, DC.   The ranking of 21 is the same ranking that North Carolina has had for the past two years. Learn more about...