With all of the bad economic news, it might be hard to imagine yourself buying a new car right now. For many, however, the old reliable just isn’t cutting it anymore. Maybe the repairs are getting frequent and costly, or maybe your lifestyle requires a different type of vehicle.

San Luis Obispo mortgage rates have come down significantly in the past 30 days, which has created another great opportunity not only for home buyers, but also for those looking to refinance an existing home loan.