Definitions for "Adjustment date"
Keywords:  date, rent, agree, arm, change
This is the date on which the interest rate changes for a variable rate mortgage.
The adjustment date is the date in an ARM on which the interest rate changes.
The day on which an adjustment is made in an adjustable rate mortgage. It may occur monthly, every 6 months, or once a year, or whenever agreed upon.
Keywords:  administrative, law
Administrative Law