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An Adjustable Rate Mortgage (ARM) contains an escalator clause that allows the interest to adjust over the loan term. How often the loan rate may be changed is determined by the?
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An Adjustable Rate Mortgage (ARM) contains an escalator clause that allows the interest to adjust over the loan term. How often the loan rate may be changed is determined by the?

User Davide Consonni
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1 Answer

2 votes

Answer:

It's determined by the: adjustment period.

User Ricky Keane
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