Mortgage Terms Glossary

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Tuesday, July 22 2008

Mortgage Terms Glossary

Adjustment Interval -

For an adjustable rate mortgage, the time between changes in the interest rate charged. The most common adjustment intervals are one, three or five years.

Source:

http://www.plazaareaneighbors.com/index.php?pageId=423602&action=mortgage_glossary

Posted by: Rolando Trentini AT 09:12 am | Permalink | 0 Comments | Email

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