Nolo's Plain-English Law Dictionary

Legal Dictionary Home

Need Professional Help? Talk to a Lawyer
Enter Your Zip Code to Connect with a Lawyer Serving Your Area
searchbox small
Adjustment Period

For homeowners with an adjustable-rate mortgage (ARM), the scheduled period between changes in the interest rate. The adjustment period can be monthly, semi-annually, annually, and so forth.

LA-NOLO6:LDR.1.5.0.20140409.25642