MLchartDataset catalogue

Adjustment period

Term · Law · MLC-T-LAW-000373

The interval between interest rate changes on an adjustable-rate mortgage (ARM). This period can vary, commonly ranging from six months to five years, as specified in the loan terms. At the end of each adjustment period, the interest rate is reset based on a market index.

Table 1. Record
IdentifierMLC-T-LAW-000373
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000373",
  "term": "Adjustment period",
  "field": "Law",
  "definition": "The interval between interest rate changes on an adjustable-rate mortgage (ARM). This period can vary, commonly ranging from six months to five years, as specified in the loan terms. At the end of each adjustment period, the interest rate is reset based on a market index.",
  "url": "https://mlchart.com/terminology/law/adjustment-period/"
}

Record 137 of 5,441 in Law terminology (MLC-0107). Request the full dataset.