60 Question Test | Practice Real Estate

Question 1 of 60 | Restart Test

A rate adjustment date is:

The date at which the interest on a loan has been paid off and only the principal remains to be paid.

The date at which a borrower is allowed to refinance their loan for a reduced rate.

The date at which the new rate goes into effect on an adjustable rate mortgage.

The date when the Fed institutes a rate hike.