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SAN DIEGO (KGTV) - Mortgage brokers spent the past week calling and emailing clients around San Diego, telling people it's time to buy."Whenever I see a rate dip like that, my first reaction is to call everyone as fast as I can," says Broker Scott Davenport. "I try to get a hold of as many people that have been on that fence to jump on it as quickly as they can."The frenzy started when mortgage rates dropped .22% on March 27, to 4.06% on a 30-year fixed rate mortgage.It was the biggest single-week rate drop in more than a decade.RELATED: San Diego among top hot housing markets for 2019, Zillow reports"That could mean a savings of hundreds of dollars per month," says Davenport. "Or even hundreds of thousands of dollars over the course of a 30 year mortgage."Analysts say the drop came after the Federal Reserve said it was worried about the economy slowing down. It caused concern among investors, which led to good news for buyers."It's not gonna last," says Davenport. "You never know where the market's going to go. I expect rates to stay low through the summer, but at the same time, I don't expect them to stay low for long."Rates hit historic lows in 2012, around 3%, after the recession and housing bubble burst. Davenport says he doesn't see conditions that would create rates that low any time soon. That's why he's telling people to take advantage of the current rate near 4% now.He says anyone thinking of buying, or of refinancing a mortgage should get in touch with their broker now."Have the numbers run. It's something we do all the time," he says. "We can see if there's a benefit for a refinance with it, with the rate drop for you right now. Or if you're looking to buy a house, get pre-qualified first." 1739

SAN DIEGO (KGTV) - Police arrested two people following a pursuit through San Carlos Friday night.Officers say they responded to reports of gunshots near the San Carlos Recreation Center around 9:53 p.m. They said they tried to pull over a suspicious vehicle, but it took off. A five-minute pursuit took place before the suspect’s car crashed near the Jackson and Golfcrest Drives.The suspects rushed out of the vehicle, but one was caught after surrendering at a nearby taco shop.  The other one ran into a nearby housing complex. That suspect surrendered after about a three-minute standoff.Police say they found guns in the car. The suspect's names have not yet been released.  713

SAN DIEGO (KGTV) - NFL quarterback Drew Brees and his wife say a San Diego jeweler with lying and falsely represented the value of the jewelry sold to them.Vahid Moradi, founder of CJ Charles Jewelers in La Jolla, is accused of making friends with the Brees and then using his "relationship and position to induce" Brees to rely "on his false representations as to the investment quality and market value" of numerous diamonds, a lawsuit filed in San Diego said.In the lawsuit, Brees says he has spent multimillions of dollars in business with Moradi, purchasing jewelry as gifts and as investments.READ the lawsuit here."In total, [the Brees] invested approximately million in investment quality diamonds recommended by Moradi," the suit states. "The independent appraiser determined the true market value of the diamonds ... was approximately million less than the prices the [Brees] paid."Brees also alleges that Moradi "confessed he charged Plaintiffs a substantial markup," in one case charging a 550 percent markup, the suit alleges. Brees also argues that Moradi went so far as to conceal the true quality of the diamonds using "reflective and painted settings." Moradi has fought back against the allegation. His attorney issued a statement to 10News saying Brees has only himself to blame.RELATED: Radio show postponed after controversial tweet, new demands from Padres"Drew Brees aggressively purchased multi-million dollar pieces of jewelry. Years later, claiming to suffer ‘cash flow problems,’ he tried to bully my client into undoing the transactions," Eric George, Moradi's attorney, said. "Mr. Brees’s behavior and his belief that he was wronged because the jewelry did not appreciate in value as quickly as he hoped both demonstrate a lack of integrity and contradict basic principles of both economics and the law."He should restrict his game-playing to the football field, and refrain from bullying honest, hard-working businessmen like my client."Brees is suing for at least million in damages and court costs. 2123

SAN DIEGO (KGTV) -- Police are investigating after a man was shot in the leg in East Village late Saturday night.Authorities say a 48-year-old man parked his car on 11th and E Street near City College Station around 10:50 p.m. Saturday.The man got out of the car and started walking when he saw two people arguing and heard gunshots.According to police, the man got into his car and began to drive away when he felt a pain in his right leg, looked down and saw that he was bleeding.Police said at this time, they don’t have any description of the suspects.The man drove himself to the hospital with non-life threatening injuries. 642

SAN DIEGO (KGTV) — Police were searching for a suspect following a violent shooting in the Midway District on Wednesday night.San Diego Police said officers received a call of shots fire followed by a vehicle crashing into a building at Kenyon St. and Kemper St. just after 6 p.m. The car was located behind a shopping center in the 3600 block of Midway Dr., SDPD said.Officers arrived to find a man behind the steering wheel of a grey Acura that collided with a retaining wall. The man had been shot at least once. He was taken to a nearby hospital, where he was pronounced dead. The victim has not been identified but was described as a possible Hispanic male between 18 and 25 years old.Police are searching for a suspect, but say the investigation is still in its early stages. Witnesses heard a car speed off, but police did not immediately have a suspect description. SDPD added that investigators believe that there was another man with the victim at the time of the collision who was seen walking away from the scene.Anyone with information about the case is asked to call SDPD's Homicide Unit at 619-531-2293 or Crime Stoppers at 888-580-8477. 1160

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