Financial InSecurity

Written by Joyce C. Lock


I once heard of a preacher who would preachrepparttar same sermon untilrepparttar 141508 people would finally get it.

So, just incase you didn't get itrepparttar 141509 first time ...

$ Financial Freedom $ http://www.holyisthelamb.com/testimony6.html

Or, you didn't get itrepparttar 141510 second time ...

Leaving Your Financial Wilderness http://www.holyisthelamb.com/viewnugget.php?id=82

And, especially, if you didn't get itrepparttar 141511 third time ...

Are You Tired, Yet? http://www.holyisthelamb.com/viewnugget.php?id=118

This one's for you ...

$ Financial InSecurity $

Owe no man any thing ...

Romans 13:8

1.) Borrowing is to do your banking withrepparttar 141512 devil.

2.) Every time you go in debt unnecessarily, you set yourself up for defeat by openingrepparttar 141513 door to financial bondage.

3.) Borrowing is to rob God ofrepparttar 141514 opportunity to bless you.

4.) Borrowing (beyond for house and auto), even for need reasons, is a lack of faith that God is capable of providing or a matter of doubting that He will. And, believing anything less than that God loves you enough to be there for you is to side with Satan in calling God a liar. Though, God is capable of providing houses and cars, too.

5.) Borrowing for non-need reasons is like saying that God's provision for you isn't good enough.

Home Equity Increases $1 Trillion in Five Years – Is the Market Peaking?

Written by Charles Essmeier


A new survey reveals that inrepparttar last five years,repparttar 141507 equity inrepparttar 141508 California real estate market has increased by more than one trillion dollars. A trillion dollars is a large number to ponder, but put in concrete terms, it can be represented by a stack of one hundred dollar bills that is six hundred thirty one miles high! This astronomical increase in California home values isn’t all that unique, however. Prices onrepparttar 141509 East Coast, particularly inrepparttar 141510 Washington, D.C. area, are increasing just as rapidly. There are areas on both coasts where home prices have tripled duringrepparttar 141511 last five years. This, along withrepparttar 141512 dramatic increase in interest-only mortgages among homebuyers, suggests that home prices may be peaking.

In California, 35% of all mortgages written are interest-only mortgages. In Washington,repparttar 141513 figure is a whopping 48%. With an interest-only mortgage,repparttar 141514 homeowner pays onlyrepparttar 141515 interest onrepparttar 141516 home loan forrepparttar 141517 first few years of mortgage payments. Afterrepparttar 141518 agreed-upon period of time ends,repparttar 141519 amount ofrepparttar 141520 payment is adjusted to include a portion ofrepparttar 141521 principal. This typically increasesrepparttar 141522 amount ofrepparttar 141523 payment by about one-third. Interest-only mortgages have gained in popularity as home prices have increased, mostly because buyers otherwise would not be able to afford to buy homes. The problem

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