What Is an Adjustable Rate Mortgage (ARM)?

August 1, 2018 | Posted by Demian Farnworth

You might be surprised to discover that before the Great Depression only four in ten people owned their home. The rest rented–for good reason. Most mortgages during this time limited loans to 50% of the home’s value. In addition, these loans ranged from three to five years in length, then ended with a balloon payment (which […]

 

What Is a Fixed Rate Mortgage Loan?

July 18, 2018 | Posted by LCEF

Home ownership is like opening a new chapter in your life. A chapter where you put down roots, raise a family, invest in a community and even grow old together. Home ownership is a time when you settle into a place you can call home. Fortunately, home ownership is affordable for many families due to […]

 

A New Start For the New Year

January 5, 2018 | Posted by Art Scherer

Way back in 1994, Peter Drucker wrote a piece for the old Net Fax network on “Jumping the Sigmoid Curve.” Drucker pointed out that one of the most useful tools in understanding the natural life cycle of a product, an organization, a church or even a relationship is the sigmoid or S curve. The secret […]

 

The Hand of God… (Reflections of the Outgoi...

September 29, 2017 | Posted by LCEF

I am just a few short days from my departure as President/C.E.O. of the Lutheran Church Extension Fund where I have had the privilege to lead this important, vibrant ministry of the LCMS for the past eight years. As I reflect on my tenure, what comes to mind is how I have been blessed to […]

 

Ease Resistance With 3 Powerful Steps

September 20, 2017 | Posted by Jeff Meyer

“I hate missional. The term makes my skin crawl. Every time I hear it, I just want to run away. I’m so tired of it.” One of our lifeGroup leaders shared this at a recent leadership training session. A member of his group had apparently had enough of the training and encouragement to “be missional.” […]

 

How to Save a Little Money at Lunch Time (So ...

August 18, 2017 | Posted by Karina Rovey

We all get hungry at school. And unfortunately, at school, we do not have our kitchen cupboards at our disposal. So, anything to curb your hunger you have to bring from home. Or buy. I normally bring my food from home. Occasionally, I’ll end up buying a cafeteria lunch or purchasing a snack from the […]