> For example, one of the most senior executives at Goldman Sachs took out an $11.2 million mortgage with First Republic with no principal payments in the first

> For example, one of the most senior executives at Goldman Sachs took out an $11.2 million mortgage with First Republic with no principal payments in the first 10 years and an interest rate below 3%, per Bloomberg. This isn’t that odd as it depends on when this loan was given out. Regular schmoes were able to get 2.25% mortgages a year ago so giving a 3% interest only mortgage to rich people doesn’t seem that odd in the era of 0% interest.