Adjustment Interval

In mortgage finance, the term adjustment interval refers to the time at which the interest rate of an adjustable rate mortgage (a variable mortgage in Switzerland) can be changed by the lender.

Adjustment intervals are specified in the mortgage agreement. For example, if a variable mortgage has an adjustment interval of one month, the lender is free to adjust the interest rate on a monthly basis.

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Daniel Dreier is editor and personal finance expert at moneyland.ch.

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