Take the following as truth: yeah so that's that's a good way to do it and when we bought this house we looked at doing a fifteen year note because it it added more to the payment but not significant amounts you know it was it was a good payoff for being able to pay it off sooner
Then the following statement: "Mortgages are good ways of financing real estate purchases." is true, false, or inconclusive?
Answer: Inconclusive