{"id":16735,"date":"2012-07-19T13:35:58","date_gmt":"2012-07-19T18:35:58","guid":{"rendered":"http:\/\/blog.buzzbuzzhome.com\/?p=16735"},"modified":"2012-07-19T15:14:06","modified_gmt":"2012-07-19T20:14:06","slug":"mark-zuckerbergs-mortgage-rate","status":"publish","type":"post","link":"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate","title":{"rendered":"Mark Zuckerberg has a mortgage rate of 1 percent"},"content":{"rendered":"

<\/h4>

\"\"<\/a>If we were Mark Zuckerberg, this would definitely be our status update.<\/p>\n

According to The San Franciso Chronicle<\/a>, the billionaire and creator of Facebook has a mortgage rate of 1.05 percent. The article claims that Zuckerberg “refinanced a $5.95 million mortgage on his Palo Alto home with a 30-year adjustable-rate loan starting at 1.05 percent.”<\/p>\n

Why is the rate so low?\u00a0 <\/p>\n

In the article, Greg McBride, senior financial analyst with Bankrate Inc. said that it has to do with risk tolerance. A mortgage rate can be lower if a person is willing to risk monthly interest rate adjustments.<\/p>\n

He said, “When you can borrow at a rate below inflation, you’re borrowing for free. This is the concept of using other people’s money and it preserves financial flexibility for the borrower.”<\/p>\n

But, a better question might be: why does Mark Zuckerberg need a mortgage in the first place?<\/p>\n

He doesn’t. But, it’s a smart business move. After all, Zuckerberg is borrowing for free. So, why would he tie up his own money when he can use someone else’s money for more profitable things?<\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

If we were Mark Zuckerberg, this would definitely be our status update. According to The San Franciso Chronicle, the billionaire and creator of Facebook has…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[11269],"tags":[],"coauthors":[],"apple_news_notices":[],"yoast_head":"\nMark Zuckerberg has a mortgage rate of 1 percent | Livabl<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mark Zuckerberg has a mortgage rate of 1 percent | Livabl\" \/>\n<meta property=\"og:description\" content=\"If we were Mark Zuckerberg, this would definitely be our status update. According to The San Franciso Chronicle, the billionaire and creator of Facebook has...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate\" \/>\n<meta property=\"og:site_name\" content=\"Livabl\" \/>\n<meta property=\"article:published_time\" content=\"2012-07-19T18:35:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2012-07-19T20:14:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2012\/07\/mark-zuckerberg-300x168.jpg\" \/>\n<meta name=\"author\" content=\"buzzhomeblog\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"buzzhomeblog\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate\",\"url\":\"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate\",\"name\":\"Mark Zuckerberg has a mortgage rate of 1 percent | Livabl\",\"isPartOf\":{\"@id\":\"https:\/\/www.livabl.com\/articles\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2012\/07\/mark-zuckerberg-300x168.jpg\",\"datePublished\":\"2012-07-19T18:35:58+00:00\",\"dateModified\":\"2012-07-19T20:14:06+00:00\",\"author\":{\"@id\":\"https:\/\/www.livabl.com\/articles\/#\/schema\/person\/834a96a95ef43e5e12830e8bf7e11645\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate#primaryimage\",\"url\":\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2012\/07\/mark-zuckerberg.jpg\",\"contentUrl\":\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2012\/07\/mark-zuckerberg.jpg\",\"width\":640,\"height\":360},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Articles\",\"item\":\"https:\/\/www.livabl.com\/articles\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Archives\",\"item\":\"https:\/\/www.livabl.com\/articles\/archives\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Mark Zuckerberg has a mortgage rate of 1 percent\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.livabl.com\/articles\/#website\",\"url\":\"https:\/\/www.livabl.com\/articles\/\",\"name\":\"Livabl\",\"description\":\"Building New Home Dreams\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.livabl.com\/articles\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.livabl.com\/articles\/#\/schema\/person\/834a96a95ef43e5e12830e8bf7e11645\",\"name\":\"buzzhomeblog\",\"sameAs\":[\"https:\/\/www.livabl.com\"],\"url\":\"https:\/\/www.livabl.com\/articles\/author\/buzzhomeblog\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Mark Zuckerberg has a mortgage rate of 1 percent | Livabl","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate","og_locale":"en_US","og_type":"article","og_title":"Mark Zuckerberg has a mortgage rate of 1 percent | Livabl","og_description":"If we were Mark Zuckerberg, this would definitely be our status update. According to The San Franciso Chronicle, the billionaire and creator of Facebook has...","og_url":"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate","og_site_name":"Livabl","article_published_time":"2012-07-19T18:35:58+00:00","article_modified_time":"2012-07-19T20:14:06+00:00","og_image":[{"url":"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2012\/07\/mark-zuckerberg-300x168.jpg"}],"author":"buzzhomeblog","twitter_misc":{"Written by":"buzzhomeblog","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate","url":"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate","name":"Mark Zuckerberg has a mortgage rate of 1 percent | Livabl","isPartOf":{"@id":"https:\/\/www.livabl.com\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate#primaryimage"},"image":{"@id":"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate#primaryimage"},"thumbnailUrl":"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2012\/07\/mark-zuckerberg-300x168.jpg","datePublished":"2012-07-19T18:35:58+00:00","dateModified":"2012-07-19T20:14:06+00:00","author":{"@id":"https:\/\/www.livabl.com\/articles\/#\/schema\/person\/834a96a95ef43e5e12830e8bf7e11645"},"breadcrumb":{"@id":"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate#primaryimage","url":"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2012\/07\/mark-zuckerberg.jpg","contentUrl":"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2012\/07\/mark-zuckerberg.jpg","width":640,"height":360},{"@type":"BreadcrumbList","@id":"https:\/\/www.livabl.com\/articles\/archives\/mark-zuckerbergs-mortgage-rate#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Articles","item":"https:\/\/www.livabl.com\/articles"},{"@type":"ListItem","position":2,"name":"Archives","item":"https:\/\/www.livabl.com\/articles\/archives"},{"@type":"ListItem","position":3,"name":"Mark Zuckerberg has a mortgage rate of 1 percent"}]},{"@type":"WebSite","@id":"https:\/\/www.livabl.com\/articles\/#website","url":"https:\/\/www.livabl.com\/articles\/","name":"Livabl","description":"Building New Home Dreams","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.livabl.com\/articles\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.livabl.com\/articles\/#\/schema\/person\/834a96a95ef43e5e12830e8bf7e11645","name":"buzzhomeblog","sameAs":["https:\/\/www.livabl.com"],"url":"https:\/\/www.livabl.com\/articles\/author\/buzzhomeblog"}]}},"_links":{"self":[{"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/posts\/16735"}],"collection":[{"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/comments?post=16735"}],"version-history":[{"count":0,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/posts\/16735\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/media?parent=16735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/categories?post=16735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/tags?post=16735"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/coauthors?post=16735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}