Mortgage   Everything you need to know about mortgages.

#ABCDEFGHIJKLMNOPQRSTUVWXYZ

what is...
ADJUSTMENT INTERVAL
On an ARM, the time between changes in the interest rate or monthly payment. The rate adjustment interval and the payment adjustment interval are the same on a fully amortizing ARM, but may not be on a negative amortization ARM.

    Courtesy of the Mortgage Glossary
    Copyright © 2006 by 20/20 Technologies