Identify the statement below that is the most true

Question $19$Answer

a$.$

You must be $25$ years old to be able to hold title to a home

b$.$

You cannot purchase a home unless you have a down payment equal to at least $20\%$ of the purchase price of the home

c$.$

During times when the Treasury Yield curve is upward$-$sloping, adjustable rate mortgage interest rates tend to be much higher than fixed rate mortgage rates.

d$.$

In a negative$-$amortizing loan product, the borrower's principal payment is much higher in comparison to a more standard fully$-$amortizing conventional fixed rate mortgage.

e$.$

All of the statements above are false.