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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) - Point Loma families fighting to preserve a makeshift bike track are up against another setback.The land is owned by the San Diego Housing Commission, which recently hired an independent firm to do a feasibility study of the property. The firm looked at traffic, environmental factors, and the impact on schools; ultimately concluding it's feasible to build on the site. "Definitely heartbroken, this is such a special spot for our community," said Darren Miller, who often brings his boys to ride on the track. But Rick Gentry, President and CEO of the San Diego Housing Commission, says it's their job to create as much affordable housing in the city as possible. There are currently 80,000 people waiting for a Section 8 Housing Voucher. "The neighbors don't like to see the neighborhoods change, but change is going to happen, growth is going to occur. San Diego now is not producing enough housing to keep up with the rate of growth of the population," said Gentry. Miller and other neighbors have serious concerns about building on the land. "I don't know if they're necessarily opposed to affordable housing, I think they're just opposed to more development in an area that's already over-developed. In addition to just being an open space, it's a wetland," said Miller. The Housing Commission will be seeking developers for the project. They say the community will have several opportunities for input as the effort goes through the Planning Commission, Housing Commission, and City Council. 1527

SAN DIEGO (KGTV) — Officials with the San Diego Padres announced Friday that pitcher Luis Perdomo received a a five-game suspension for his role in Wednesday’s bench-clearing brawl during a game against the Colorado Rockies.The scrum began in the bottom of the third inning when Padres starting pitcher Luis Perdomo threw a 96-mph pitch that nearly hit Rockies third baseman Nolan Arenado in the back.Arenado threw down his helmet and bat and charged Perdomo, who countered by throwing his glove at the batter. As Perdomo backed up to avoid an Arenado punch, players and coaches from both sides stormed the field in an attempt to break up the fight.RELATED: Base-brawl: Benches clear in Padres-Rockies game“Arenado has received a five-game suspension for charging the mound and then fighting. Rockies outfielder Gerardo Parra has received a four-game suspension for fighting during the incident,” the team said in a statement. "Padres pitcher Buddy Baumann has received a one-game suspension for fighting during the incident. Perdomo, Arenado, Parra and Baumann all received undisclosed fines in addition to their suspensions.,” Padres team officials said.Padres catcher A.J. Ellis, infielder Freddy Galvis and Rockies pitcher German Márquez were also fined for their actions during the altercation.The brawl likely stems from Tuesday night when Padres outfielder Manuel Margot was hit in the ribs in the 9th inning. He was placed on the disabled list with bruised ribs.Perdomo, Arenado, and Parra are set to begin their suspensions tonight."If any player elects to appeal, then the discipline issued to him will be held in abeyance until the process is complete. The suspension of Baumann, who has since been optioned to Triple-A El Paso, will be effective upon his return to the Major Leagues, pending appeal,” the Padres said. 1870
SAN DIEGO (KGTV) — Now with Halloween over, the fall season is well underway in San Diego.Continue the fall fun at Belmont Park with Boomont Park and Fall Fest, where guests can still get deals on rides and games and free activities.Old Town's Dia de Los Muertos also kicks off this week, celebrating family and those who have passed on with ceremonies, food, and music.Not interested in anything here? Check out the 10News?community events calendar for a look at even more things to do!San Diego Beer Week starts this weekend as well, bringing together special releases and craft beer sessions at your favorite breweries around town.And remember to fall back this weekend, and what better way than at the Gaslamp District's Fallback Festival!Here's a look at some weekend happenings around town:THURSDAYOld Town's Dia de Los?MuertosWhere: Old Town; Cost: Free(Runs Thursday - Sunday) Old Town will offer tours of more than 40 altars, a candlelight procession, face painting, music and dancing, crafts, and more in their celebration of Dia de Los Muertos. California's American Indian & Indigenous Film FestivalWhere: CSU San Marcos & Pechanga Resort & Casino; Cost: (Runs Thursday - Saturday) Discover movies that highlight American Indian filmmakers producers, directors, and actors during 2018 San Diego American Indian Film Festival. The festival is packed with exclusive viewings, interactive dialogues with industry professionals, and Q&A sessions after screenings. FRIDAYSan Diego Beer WeekWhere: Various locations; Cost: Varies(Runs Friday - Sunday) Local craft beer fans can visit participating restaurants, bars, and breweries for special beer releases and events highlighting why San Diego is considered the capital of craft beer. BOOmont Park and Fall FestWhere: Belmont Park; Cost: Free - Halloween may be over but Fall fun is still here! Belmont Park will continue its Boomont Park and Fall Fest this weekend, with free trick-or-treating, costume contests, entertainment, pumpkin painting, and much more. SATURDAYABC 1,000,000 Punches from the HeartWhere: Punch Bowl Social; Cost: Community members, police, firefighters, and students will "punch out" racism, bullying, gang violence and mistrust of police on punching bags during their fundraiser for the ABC Foundation at San Diego's Punch Bowl Social. Ramona Art & Wine FestivalWhere: Begent Ranch; Cost: - Ramona's annual art and wine celebration brings together fine art from more than 40 artists and wine tasting from more than a dozen wineries, live auctions, and delicious food from bakers, all benefiting the Ramona HEART Mural project. Escondido Tamale FestivalWhere: Grape Day Park; Cost: Free - Celebrate delicious tamales and other Latin cuisine favorites, tamale contests, live entertainment, Hispanic heritage exhibits, and fun activities for kids. Military Celebration and Food DriveWhere: Mauzy Heating, Air & Solar in El CajonMauzy Heating, Air & Solar is teaming with the San Diego Food Bank to host a food donation drop-off/food drive. There will be plenty of food and activities for the whole family at this FREE event! SUNDAYSusan G. Komen?San Diego Race for the CureWhere: Balboa Park; Cost: - Lace up your shoes and hit the pavement to support breast cancer research and awareness during the Susan G. Komen Race for the Cure. Runners get a special t-shirt and can check out a race expo area before and after the race. Fallback FestivalWhere: Gaslamp District; Cost: FreeAs you set your clocks back this weekend, fall back into the old west during the Gaslamp District's Fallback Festival. The free event offers live entertainment, pony rides, panning for gold, and a historical street fair. Carlsbad Fall Village FaireWhere: Carlsbad Village; Cost: FreeAbout 14 blocks of The Village will host a massive street fair with as many as 800 vendors selling unique homemade gifts and delicious foods. 4047
SAN DIEGO (KGTV) -- One of San Diego's biggest events of the year is here! Well, sort of. This year, because of COVID-19 restrictions, Comic-Con is not at the San Diego Convention Center. It is only happening virtually. Because of that, San Diego's hospitality industry is suffering a considerable loss.The 51st Comic-Con International is called Comic-Con @Home. This means, there are no crowds, cos-players, or lines around San Diego's Gaslamp District. The good part is that all panels are free for attendees. The bad part?"We're losing 100% of the Comic-Con business," Daniel Drane, owner of The Field Irish Pub, said.For the last 22 years, Drayne has operated the establishment on 5th Avenue, a street usually packed with visitors during the pop entertainment convention. He says every year, regulars from around the world have drinks and hold meet-ups at his bar. Not this year."We're not just losing business, but there's a loss of some of the people that we've actually known for years," Drayne said.Comic-Con's COVID-shutdown does not just impact Downtown San Diego. Its effects trickle down to the rest of the city and the county.In one week, 'the Con' usually drives in 0 million to the region and fills up almost all of the county's 64,000 hotel rooms. But now those numbers are a thing of the past."Our current strategy is a strategy of survival," Robert Rauch, CEO of RAR Hospitality, said.The hotelier says San Diego County's annual average hotel occupancy is 77%. July is singlehandedly the best month of the year, at 90%. But with COVID-19 this year, it is barely at 40%."It's deplorable to go from the best month of the year, to if it weren't for the PPP loans, we'd all be losing money this month," Rauch said.With cancellations, no business, or group travel, Rauch says San Diego's lodging industry is solely surviving on stay-cationers and a handful of leisure travelers.But as the Fighting Irish say,"You can't throw in the towel. You gotta fight back," Drayne said.Drayne is continuing his sidewalk cafe and curbside dining to make it through the dismal numbers."I hope that this COVID goes away and never returns," Drayne chuckled. "Things are going well before all of this, and I'd like to get back there again." 2247
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