Companies Tout Mortgage/Auto Offer

General Motors Corp., GMAC Mortgage, and ditech.com have announced a program that rewards customers with a $500 certificate toward the purchase of an eligible GM vehicle for select homebuyers who close a mortgage with GMAC Mortgage or ditech.com between Oct. 1 and Dec. 31, 2004.Customers can apply the certificate toward the purchase or lease of an eligible new or unused 2004 or 2005 Chevrolet, Pontiac, Cadillac, Buick, GMC, Oldsmobile, Saturn and Hummer (excluding H1) from an authorized GM dealer, the companies said. (The offer is not valid on any 2005 Saturn model or any Saab model.) GM cited a recent Forrester research report that said people are 20% more likely to buy a car following the purchase of a home.

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