This is the date in which a financial change will happen to a certain contract or transaction. Typically, all parties included in the sale will settle on the dates of adjustments. Several real estate deals will have adjustment dates. It also refers to the date in which interest rate changes for an adjustable rate mortgage (ARM).
adjustment date
This is the date in which a financial change will happen to a certain contract or transaction. Typically, all parties included in the sale will settle on the dates of adjustments. Several real estate deals will have adjustment dates. It also refers to the date in which interest rate changes for an adjustable rate mortgage (ARM).
