Birdwatch Note Rating
2024-07-01 06:36:46 UTC - HELPFUL
Rated by Participant: DFD3B918F699718403CE2226CA6E1D175019B209F4D054CC86E87E0D552BCFC4
Participant Details
Original Note:
Mortgage rates were not “low” between 1997-2008. The Bank of England Base Rate (BEBR) fell between 3.5-7% and was above 5% for the majority of this period. Between 2008-2022 the BEBR was 0.25-0.75% leading to much lower mortgage rates than the Blair/Brown years. https://www.bankofengland.co.uk/boeapps/database/Bank-Rate.asp
All Note Details