Stonington CT Real Estate Agent - We Make Results Happen!

Welcome. Are you looking for homes for sale in Connecticut and Rhode Island (Stonington, Pawcatuck, Groton, Norwich, New London, Waterford, Gales Ferry, Ledyard, Preston, North Stonington, Watch Hill, Charlestown, Westerly, Ashaway, Hopkington) ? View recently listed real estate properties throughout the Connecticut and Rhode Island area on sectlisting.com. You can search for hundreds of listings including condos, town homes, foreclosures, new homes and apartments for rent. Once you have located a listing of interest, simply contact us and we can help you find or purchase your new home.

You Deserve More!

To compete effectively in today's ever changing real estate market; you will greatly benefit by having more than one real estate agent to service your needs. Rich Thewissen, Karen Van Seters, and Lisa Lamb are the team that you are looking for to achieve that goal.

The benefits of having Three Realtors on your side:

• A team of Realtors to service your account will result in a more efficient and smooth transaction process.

• We provide a balanced support in an ever changing market, through our diverse yet complementing skill sets.

• We offer a mature and time tested marketing program that is second to none.

Effective communication is a critical and essential to any successful business activity. We guarantee that you will receive regular reports to aid you in making an informed financially sound decision.

Karen, Lisa, Rich

The VLT Team, We make results happen!

Market Soars As Fed Cuts Interest Rate

• 9/18/2007 - Market Soars As Fed Cuts Interest Rate
Market Soars As Fed Cuts Interest Rate

Tuesday September 18, 7:40 pm ET By Jeannine Aversa, AP Economics Writer

Federal Reserve Slashes Interest Rate by a Half-Point; Market Soars
WASHINGTON (AP) -- In a bold strike, the Federal Reserve slashed a key interest rate by a half point on Tuesday -- the first cut in over four years -- and left the door open to further relief to prevent a painful housing slump and jarring credit crunch from driving the country into recession.

Wall Street responded enthusiastically, propelling stocks up 335.97 points -- its biggest one-day point jump in nearly five years. Politicians, shaken by record-high home foreclosures, also welcomed the move.

Read More..


If you are thinking about relocating to Stonington, Groton, Mystic,Norwich, New London or any other town in the New London County area, visit the following web site:

http://www.sectlisting.com/

You will find many useful information and it gives you the ability to search for real estate listings for the entire Connecticut...

Fed interest rate cut seen this week

By JEANNINE AVERSA, AP Economics Writer 2 hours, 12 minutes ago
WASHINGTON - For the first time in more than four years, the Federal Reserve appears ready to lower interest rates to prevent a housing meltdown and a painful credit crunch from driving the economy into a recession.

A rate cut would affect millions of borrowers, with the intention of getting them to spend and invest more, which would revitalize the economy.

In one of their most important and anxiously awaited decisions, Fed Chairman Ben Bernanke and his central bank colleagues meet Tuesday to determine their next move on interest rates. Those policymakers are widely expected to cut an important rate, now at 5.25 percent, by at least one-quarter of percentage point. Some analysts predict a bolder step, a half-point reduction.

Read More...

If you are thinking about relocating to Stonington, Groton, Mystic,Norwich, New London or any other town in the New London County area, visit the following web site:

http://www.sectlisting.com/

You will find many useful information and it gives you the ability to search for real estate listings for the entire Connecticut...

Tighter Mortgage Rules Keep Some Buyers Out

Tighter Mortgage Rules Keep Some Buyers Out

Daily Real Estate News September 14, 2007

Tighter Mortgage Rules Keep Some Buyers OutThe time for a would-be home buyer to think about their credit score is long before applying for a mortgage.Mortgage standards are getting tougher. To qualify for a lower rate, a borrower needs a credit score of at least 680, out of a possible 850, according to a consensus of lenders. Last year, consumers needed a credit score of at least 650. Free credit reports are available online.

The best sites offer results from all three credit reporting agencies, including Experian, TransUnion, and Equifax. One possibility is AnnualCreditReport.com.Next, borrowers should check out their FICO score, provided by Fair Isaac. For $15.95, they can see how they rank.To lift ratings, consumers should make on-time payments and keep their credit card balances below 35 percent of their limits.

Source: BusinessWeek, Emily Thornton and Lauren Young (09/17/07)

If you are thinking about relocating to Stonington, Groton, Mystic,Norwich, New London or any other town in the New London County area, visit the following web site:

http://www.sectlisting.com/

You will find many useful information and it gives you the ability to search for real estate listings for the entire Connecticut...

Likelihood of Fed rate cut less clear

Likelihood of Fed rate cut less clear
By RACHEL BECK, AP Business Writer Sat Sep 8, 12:16 AM ET

NEW YORK - The arrival of September was supposed to bring more clarity to the economic impact of the current credit crisis. Instead, each new bit of data coming out seems to be creating more confusion.

The first labor market contraction in four years, as revealed Friday in a weaker-than-expected jobs report, shows that the housing and mortgage collapse is putting some strain on the economy. And the continued dislocation in commercial paper markets, where companies raise cash to fund their operations, should be taken as a warning sign — in flashing red — that more bad news may be coming.
Read More..

If you are thinking about relocating to Stonington, Groton, Mystic,Norwich, New London or any other town in the New London County area, visit the following web site:

http://www.sectlisting.com/

You will find many useful information and it gives you the ability to search for real estate listings for the entire Connecticut...

Taste of Mystic - Saturday Sept. 8 2007

• 9/7/2007 - Taste of Mystic - Saturday Sept. 8 2007

Taste of Mystic 11 a.m. - 9:45 p.m., hosted by the Greater Mystic Chamber of Commerce, on Cottrell St. with 29 restaurants offering a variety of gourmet specialties. Taste Tickets are available now at 860-572-9578


If you are thinking about relocating to Stonington, Groton, Mystic,Norwich, New London or any other town in the New London County area, visit the following web site:

http://www.sectlisting.com/

You will find many useful information and it gives you the ability to search for real estate listings for the entire Connecticut...

Countrywide plans to lay off up to 12,000 workers

Countrywide plans to lay off up to 12,000 workers

Real Estate Articles from Inman News
Loan volume expected to decline 25% in 2008

Friday, September 07, 2007Inman News

Countrywide Financial Corp. confirmed rumors Friday that it plans to make drastic cutbacks in its workforce, with an announcement after the close of financial markets that 10,000 to 12,000 layoffs are planned in coming months.

The layoffs -- which could total up to 20 percent of the company's workforce -- are to take place over the next three months, but might be scaled back if the environment for mortgage lending improves, the company said. Based on current interest rates, Countrywide said it expects loan-origination volume to decline by 25 percent in 2008 compared to this year.

Countrywide, like other mortgage lenders that depended on Wall Street investors to buy the loans it originated, has had trouble funding loans in recent weeks as investors have become concerned about the rise in delinquencies and foreclosures in markets where home prices are falling or stagnant.

Read More...


If you are thinking about relocating to Stonington, Groton, Mystic,Norwich, New London or any other town in the New London County area, visit the following web site:

http://www.sectlisting.com/

You will find many useful information and it gives you the ability to search for real estate listings for the entire Connecticut...