Facebook's Mark Zuckerberg Gets 1.05% Home Mortgage

What is the interest rate on your mortgage? If you signed off on a two percent mortgage, you would be thrilled at your deal. Yet, you would still be paying 95 basis points above the deal that Facebook's Mark Zuckerberg scored recently.

The tech world's wunderkind, according to a story in the Mercury News, refinanced his Palo Alto digs with "a 1.05 percent adjustable rate mortgage on a loan of $5.95 million"from First Republic Bank.

It's the closest thing to free cash that money can buy. If you're Zuckerberg, what's not to like about that deal?