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  Adjustment Period Definition
Adjustment Period The adjustment period of your mortgage refers to how often your mortgage’s interest rate can be changed. Most adjustable rate mortgages have one-year adjustment periods; however, it is possible for adjustment periods to be monthly or semi-annually. These shorter adjustment periods tend to have much lower interest rates, but homeowners should be aware that these "teaser rates" can increase substantially in a short period of time.
   
   
   


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