Math, asked by pradeepkatyura3401, 10 months ago

what is adjusted frequency ? why is it used ? please explain in detail.

Answers

Answered by Aahna11111
0
don't no............. dear
Answered by abhijeetkhot0612
0
Adjustment frequency refers to the rate at which the interest rate of an adjustable-rate mortgage is reset once the initial, fixed-rate period has expired. The frequency can significantly add to the interest costs over the life of a loan. A borrower should be aware of this component of their mortgage prior to closing.
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