Nearly 50% of new mortgages over $1 million are adjustable-rate.
Affluent buyers are attracted to lower initial rates of ARMs.
Experts weigh in on the risks and benefits of ARMs.
Strategic angle: A significant trend in the luxury mortgage market reveals a shift towards adjustable-rate mortgages among affluent buyers.
Nearly 50% of new mortgages over $1 million are adjustable-rate.
Affluent buyers are attracted to lower initial rates of ARMs.
Experts weigh in on the risks and benefits of ARMs.