07/16/2012 10:05 am ET Updated Sep 15, 2012

Mark Zuckerberg Refinanced Mortgage With 1-Percent Interest Loan

Billionaire Mark Zuckerberg is giving new meaning to the term "the one percent."

The Facebook Inc. (FB) founder refinanced a $5.95 million mortgage on his Palo Alto, California, home with a 30-year adjustable-rate loan starting at 1.05 percent, according to public records for the property.

Read more on Bloomberg