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Morgan Hill
March 13, 2026

Alternate Financing

There are two loan programs, both backed by government agencies, that are sorely underutilized by their constituency.

Buying new construction

New developments and new homes are going up fast all over the county. Most builders will recommend that you use their mortgage company, whether it is a subsidiary of the builder or a partnership with a major mortgage banker.

MHPD: Chase leads to recovered gun, arrest

Morgan Hill Police pursued a suspect who led officers on a high-speed chase, crashed into another motorist and tried to discard a handgun before he was arrested, according to authorities.On Sept. 12, MHPD officers were in the area of Carriage Drive and Llagas Road to check on a suspicious vehicle that had been reported by a resident. The vehicle had been driving in the area for more than 20 minutes.Officers located the vehicle parked on the side of the road, but the driver sped away as police walked up to the car, according to a Sept. 13 press release. Officers initially pursued the vehicle but backed off because of high traffic in the area.Moments later, police received a call stating the vehicle that fled from police had been involved in a hit and run accident, and the driver threw a handgun out the window, police said. Officers found the handgun underneath a VTA bus and kept it for evidence.With the new information, officers renewed their search for the suspect vehicle, which they eventually located in the area of East Dunne Avenue and U.S. 101, police said. Police again attempted to stop the vehicle but the driver refused to pull over. He was chased into Gilroy, where the driver exited the freeway onto Tenth Street.The driver continued to lead police through the streets of Gilroy before stopping in front of a residence on Eigleberry Street in the city’s downtown, police said.The driver was arrested without further incident. He is identified as Ernesto Garza, 18 of Gilroy, according to police. He was booked at Santa Clara County Jail.Anyone with information about this case can contact Morgan Hill police at (669) 253-4964, or the anonymous tip line at (408) 947-7867.

Gold medal wines

Famous for their California style wines, the vintages Gilroy’s Satori Cellars develops are big and bold with plenty of ripe fruit, bursting with flavor. Satori is like an open-air cantina that you might find in the Caribbean. Like their tagline, “There’s always a party at Satori.” It’s the only winery in our region with bar stools that shimmy up to the shaded tasting bar.

Wright Lakes High Adventure

After a four-mile ride over a rough and tumble dirt road, we parked at the trailhead to Shepherd Pass above the small town of Independence on the east side of the Sierra. The sun had just begun to light the peaks 8,000 feet above us as we shouldered our packs. Temperatures in the Owens Valley had been warm, and we wanted to climb above the heat before it arrived.

El Toro Bowl: LO, Sobrato seek after treasure in 10th rivalry game

Live Oak would love nothing more than to go 3-0 through the nonleague season to set up a run at the Mt. Hamilton Division.

Predicting the future

Most common question asked of most mortgage professionals is: what is going to happen with rates?Most mortgage professionals agree that the ability to answer that question would result in most being retired and wealthy by now. Interest rates, specifically mortgage interest rates, are becoming increasingly difficult to predict as the financial markets have changed.This is what we know: the Federal Reserve and other governing bodies don't like inflation. If the economic data being generated indicates inflationary pressure then the Fed will lean toward raising rates to protect against that projected inflation. Combine that with world events (like the recent Brexit vote), natural disasters, and even the presidential election and you find yourself doing your best to guess what the future may hold.As of this writing, the Fed is leaning toward no increase in September, but December is still a possibility. Watch the 10 year treasury as an indicator week to week. It has been a good measuring stick and if it is moving higher, chances are mortgage rates will do the same.Jayson Stebbins is a 23 year veteran of the mortgage banking industry. He grew up in Morgan Hill and currently lives in Gilroy. He is the local branch manager of Guild Mortgage. You can reach Jayson and his team at (408) 825-0220 or at stebbinsmortgageteam.com 

Fire breaks out near Chesbro

Update: MHPD Facebook post 4:36 p.m.: "Good news! Thanks to our firefighters, the evacuation orders have been lifted for Woodland Acres. All clear! As always... thank you for your cooperation MH."

Police blotter: Burglaries, gas lines

Stolen vehicle

Police: Two men sought in Morgan Hill armed robbery

Police are looking for two male suspects accused of brandishing a handgun to rob a shop in south Morgan Hill.About 3 p.m. Aug. 26, two Hispanic adult males entered the business called Latinos Unidos on the 16800 block of Monterey Road, according to a press release from Morgan Hill Police. One of the men brandished a dark colored revolver and demanded money from the clerk. The employee gave the suspects an undisclosed amount of cash. Neither suspect was wearing a mask or face cover.The suspects were last seen driving away from the scene in a red sedan with tinted windows—possibly a mid-2000 model Toyota Camry or similar vehicle, according to police.MHPD has provided two sketches of subjects possibly linked to the robbery.Anyone with information about this case can contact MHPD Det. Del Moral at (669) 253-4964.

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