Back to Glossary
January 19, 2023
The adjustment date is the date in which an ARMs interest rate is scheduled to change. An ARMs interest rate is typically fixed at a discounted rate for the initial lien period before it will be reset (or adjusted). According to the parties' agreement, the interest rate will be adjusted on a previously arranged date to reflect the current market's interest rates. The period of time in between each adjustment is called the adjustment period.