References: Romans 7The Gospel sets the believer free from the power and authority of the Mosaic Law. The reign of grace replaces the reign of sin and the reign of the Law. Believers have died to sin and likewise to the Law. Death frees from obligation to previous relationships including both sin and the Law. Paul uses the death of one spouse in a marriage relationship to illustrate this point. Some parts of the Mosaic Law have been given as commands by Christ. Believers obey those commands not out of obligation to the Law but to be obedient to Christ and His authority. Today believers are obligated to Christ's teaching, live under His authority, and are able to obey because of the indwelling Spirit of God.
The grace of God, past, present, and future is the believer's blessed hope. The grace of God has appeared in the person and work of Jesus Christ. That grace in the past provided salvation of sinners who will come to God by faith alone, in Christ alone. The grace of God for the present, "now age" teaches and enables saved sinners to live consistent with their new character. Being so taught the believer lives a life of worship and obedience anticipating the future grace of God to reappear in the person of Jesus Christ. When He does, He will complete the transformation of believer's lives into perfect conformity with His character. The world may be falling apart but our great God and Savior is coming again. With that great hope we, who have been saved by the grace of His first appearing, endure, persevere, and rejoice, as we await His glorious return.