Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
ksec
on Aug 7, 2020
|
parent
|
context
|
favorite
| on:
Mark Zuckerberg’s Fortune Surpasses $100B
It is common practice for nearly all those wealthy people relying on stocks. What I am interested in is the interest rate they get on those loans.
foghornleghorn
on Aug 7, 2020
[–]
It's actually lower than retail bank interest rates. For example, if they get a huge mortgage, usually it is at least 100 basis points lower. This is because these people are considered extremely low risk.
jjeaff
on Aug 7, 2020
|
parent
[–]
I have heard it is pretty common for them to get 1 or 2% because the banks usually want to win their business.
Join us for
AI Startup School
this June 16-17 in San Francisco!
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: