We will be closed in observation of Veteran’s Day on November 11. We will resume normal office hours the following day. Our usual Monday mortgage rate update will also be delayed a day. Thanks, and have a wonderful day!
Partisan Stalemate to Blame
The Republican-controlled House of Representatives continues to tie the government budget to defunding initiatives of the Affordable Care Act (Obamacare). The Democrat-controlled Congress keeps rebuffing them, and President Barack Obama demands a “clean” to keep the government running.
As a result of the impasse, on the first day of the 2014 fiscal year (October 1) the United States government is shutdown and without a budget.
Financial markets took the close in stride. The Dow and S&P 500 actually rose slightly at the beginning of trading day, signaling the belief that the shutdown won’t be longwinded.
“Essential” functions will continue, while “non-essential” personnel will idle – some 800,000 workers.
The hit comes in a fraught year for government employees, who are already down work days after the sequester-induced austerity measures were triggered earlier this year. Spending battles continue to wrack the divided government.
Early indications from analysts seem to suggest the government will be shutdown for several days.
A complete list of the government services that remain open and the effects that the shutdown will have.
2. Government Shutdown Begins as Deadlocked Congress Flails (Bloomberg)
A recap of the past 24 hours, including the clash between the House and Senate.
3. Government Shutdown Could Slow Housing Recovery (CNBC: Diana Olick)
The effect on mortgage and the housing recovery. In particular, the IRS is closed, which will stall mortgage processing. The IRS process tax return transcripts to verify income. Government employees will be unable to verify employment. The FHA remains open, but with a smaller staff.
We are extending the deadline for the Spirit of SLO Photography Contest through this Labor Day Weekend! The prompt: take a picture of a local “Skyscape” and the winner receives a $50 gift certificate to Luna Red.
How much do you think this house costs?
A few things, in fact. The first of which, unsurprisingly, is its location. Up in the hills on 2750 Pecho Valley Road in Los Osos and bordering Montana De Oro State Park, the property has amazing views of the dunes and ocean, stretching out to Morro Bay and beyond.
Central Coast Lending will be closed on Thursday, July 4 and Friday, July 5. The office will resume normal business hours on Monday, July 8 (9 a.m. to 5 p.m.). To get your mortgage fix, check out Mortgage Matters Radio on KVEC 920 this Saturday from 10 a.m. to 12 noon.
Today marks the 6th annual Hunger Awareness Day in SLO County. Put on by the Food Bank Coalition of SLO County, the goal is to raise $150,000 in a single day to feed the estimated 44,000 homeless that reside in SLO County.
A $1 donation will provide $10 worth of nutritious food for those in need.
Even just a dollar to two can make a big difference to those in need in our local community.
While hikes like Madonna Peak, Bishops Peak, and the various trails out in Montana De Oro are some of the more frequented hiking spots in SLO, the Irish Hills offer an extensive amount of trails, stretching over 940 acres, with some excellent views of SLO County. Read more
Templeton’s Wine & Roses Bike Ride is Oct. 5
Many local residents are here because they visited the area and fell in love. There’s no better way to see the beauty San Luis Obispo County has to offer than to take a bicycle ride. The Central Coast offers some of the best rides available to cyclists.
Templeton is hosting it’s 12th Annual Wine and Roses Bike Ride October 5, 2013 starting in the old-town community Park. This is the best boutique wine country ride on the Central Coast. Come enjoy the beautiful scenery and outstanding terrain.
Three rides to choose from
- 100-Mile Century Ride
- 62-Mile Metric Century
- 30-Mile Ride
Cyclists start to gather early in the morning to start out the long course. It’s not a race, so you can pace yourself. Start out on one of the 30, 65 or 100-mile pre-marked routes. The courses highlights some of the best cycling roads in North County like Highway 229, Vineyard Drive, Peachy Canyon and Adelaida.
The ride finishes up back at the park, where participants enjoy barbecue chicken and tri-tip, wine tasting from local producers, and roses for the women. Then check out the old west downtown with unique shops and amazing eateries. You can also explore our world class wineries just minutes away. The highly successful event has become a major fundraiser for the Templeton Chamber, with proceeds going to support community events throughout the year.
The Templeton Wine and Roses Bicycle Ride is limited and usually sells out. Due to the popularity of this event, this year’s registration will be open to just 350 cyclists. Registration opened on April 1 at templetonchamber.com. It is expected to sell out, so interested riders are encouraged to register early.
If you are going to be in Templeton for the ride check out these recommended place to visit and make your stay more enjoyable. The Bike Lane Inn and High Ridge Manor are two beautiful bed and breakfasts in the Templeton area that a perfect for the ride. Great places to eat with that western town style are McPhees Grill and AJ Spurs. For a little wine tasting I recommend Michael Gill Cellars in the Templeton Gap and Grizzly Republic Wines in nearby downtown Paso Robles.
Scott Brennan is the founder of Access Publishing, 806 9th Street #2D, Paso Robles, CA 93446. He is the editor and publisher of Central Coast Active and the San Luis Obispo County Visitor Guide. You can reach him at email@example.com. Join him on Google+
Central Coast Lending’s offices will be closed on Monday, February 18 in observation of President’s Day. Feel free to contact us by email (firstname.lastname@example.org) during this time and we will get back to you as soon as possible. Normal business hours will resume on February 19, with hours from 9 a.m. to 5 p.m.