Special News Alert About Your Finances September 20th, 2006

Darren Meade
Policy makers at the Federal Reserve, including Chairman Ben Bernanke, elected to leave interest rates unchanged at the latest meeting of the Federal Open Market Committee. This news met expectations in the bond markets as it appears the Federal Reserve is going to wait for additional economic data before deciding to increase interest rates further.

This leaves the Prime Interest Rate, which banks and lending institutions use as a benchmark for setting many interest rates, at 8.25%.

Those with Adjustable Rate Mortgages scheduled to adjust or reset soon still need to be prepared for an increase in interest rates. Some borrowers with ARM loans are already experiencing rates of over 8%. Home Equity Lines of Credit, also known as HELOCs, now carry interest rates that may exceed 10.25%. I have even seen some cases where clients have had HELOCs with interest rates in excess of 11.00%!

Credit card interest rates, which are often tied to the Prime Rate, remain at recent historic highs. I've worked with several clients who have had credit card interest rates that exceeded 23.90%!

What should I do now?

For those who are interested in either buying a new home or restructuring their finances, consider looking into a mortgage with Low Closing Costs or No Closing Costs. With each of these options, the mortgage comes with an interest rate that is slightly higher than a normal market rate. However, in both cases the lender pays either a portion of or all of your closing costs depending on your loan amount and credit situation.


For those who are looking to take advantage of lower interest rates in the future or expect to be moving within four years, the savings can be significant!

More importantly, the majority of the closing costs you pay are not tax deductible. Home mortgage interest, on the other hand, is tax deductible in most cases. So, not only could you pay less money by choosing the No or Low Closing Costs option, any additional amount you pay in the form of interest could then decrease your taxes.

Interest Rates for Fixed Rate Mortgages are still very attractive!

Fixed interest rates are at their lowest levels since mid-May. This may offer you the best opportunity to grab the lowest remaining fixed rates of the year as some experts predict rates will go higher.

If you're considering purchasing a home or investment property, this is the time to do so. Waiting could lead to higher monthly payments for the same piece of real estate.

Consolidate higher interest rate loans and lines of credit into an affordable fixed rate loan, complete with lower monthly mortgage payments. Some customers have saved over $700 a month by refinancing.

Remember are earlier guidance pertaining to the upcoming congressional vote pertaining to China and the Yuan.

Call me today, and I will prepare a FREE Analysis to see how a new loan program could benefit you.
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Darren Meade

To share with you a brief history, I was homeless as a teenager for two-and-half years where I lived in the streets begging for food and change. As you can imagine, my life was filled with a great deal of uncertainty.

By divine grace and guidance, I took shelter in the parking lot of a gym. The owner of the gym noticed me camping out there and after several weeks took me in. Pretty soon I had been adopted by the group of bodybuilders there and was given the nickname 'Pup'.

However, it was after the very painful experience of my father committing suicide six months after getting off the street that I began my personal journey into spiritual growth and began questioning how I could affect a greater number people in a more loving, profound and personal way.

Over the course of several years I went from being homeless to living in a condo on a golf course and representing the United States in international events culminating in winning the middleweight title of the IFBB Mr. North America bodybuilding competition. At the same time I co-founded a nutritional which exploded in the nutrition market and by age 27 I made my first million. Being young, I then squandered my first 3 million to turn around and build it again and again...slow learner at times!

Many of my lessons learned through out my spiritual path have been in the face of adversity. While "crisis" has often had its own way of waking me to the moment and reminding me of what is important to me now, it is not a requirement of this journey.

Just when I thought I had a handle on life, the handle broke.

I've learned another new lesson about life; including truly releasing and forgiving those whom hurt you. In April 2008 my aorta (main artery from your heart) ruptured in three (3) places.

I was given less than a 10% chance of survival and I was on life-support for 3 weeks. During this time the charge nurse spoke to a family friend and informed them they were going to amputate my leg, and that I was to young to die and they needed to transfer me to a new hospital (UCLA).

While I lived, my personal relationship ended within 10 days of my being discharged from the hospital. To be fair the doctors said I might never walk again, and that they believed I would be on a catheter for the rest of my life. I lost 50lbs of muscle. So she was leaving someone who might never be able to walk; make love or be able to return to work. However I've always been an over-achiever.

For instance I went off diaylisis, my bladder which had nerve damage returned to normal, the catheters out and I the leg another hospital wanted to amputate is responding and I'm learning to walk on it once again. I no longer use my wheel chair and am learning to walk without crutches.

The only suffering came from my own thoughts, believing this person would be with me to over-come these issues. I now realize that was the largest blessing of all.

EXECUTIVE BIOGRAPHY OF DARREN M. MEADE


Darren Meade, of Kairos-Meade, has a life, which exhibits the quintessential triumphant story. He was abandoned by his parents and homeless at the age of 14, weighing less than 100 pounds and today negotiates multi-million dollar agreements.

His business career developed initially from his passion for body building. As a youth, after being homeless for two-years, he was taken in by individuals who allowed him to utilize their company gym. Darren focused that passion and successfully won several awards in competitive body building, culminating in winning the Mr. North America title for the middleweight division and represented the United States in international events. His extensive exposure in competitive body building assisted in developing relationships with industry leaders in the medical device and nutritional supplement industries.

As Darren rapidly progressed in
professional endeavors, he designed a new business model not yet used in the industry for a then unknown nutritional company. The retail experiment led by Darren worked, and within two years he drove sales from $1 million to in excess of $40 million.

Moving forward to his next success, Darren proved that he could do it again and took another company to $35 million in a single year. He diligently oversaw all facets of assisting an international research organization´s quest to gain acceptance in the U.S. biotechnology sector by partnering with one of the world´s largest biotechnology companies within only five-months. This was accomplished after the organization had tried for years and used over 50 consultants and development personnel without results.

A key to Darren´s success is his passion for each new business he enters. He specializes in building profitable long-term relationships with clients, vendors and staff.
He has proven that success is contagious.

In addition to his business accomplishments, Darren has actively participated through service of time and finances to homeless shelters and civic community organizations. He is a Deputy CEO of the Invisible Youth Foundation. Darren recently volunteered on Arnold Schwarzenegger´s successful run for Governor. Due to his efforts, he was offered a position in Sacramento. He was selected by the Orange County Register to write columns regarding the process of the campaign through to the inauguration and planning for policies.

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