Mortgage Dictionary: Definition of Adjustment Period
Here is the definition for 'Adjustment Period'. To show a different definition, select a term from the dropdown text box. The online mortgage glossary will display a definition, plus links to related information.
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Adjustment Period
The adjustment period is the time between one rate change and the next, for an
adjustable-rate mortgage (ARM).
Typically, the adjustment period ranges between 1 and 7 years.
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