Birdwatch Note Rating
2024-07-04 06:13:28 UTC - NOT_HELPFUL
Rated by Participant: 397C51182FE8196694D5FCDD4CA8292F7B2D42F184EA2526661AA66F455DD4F6
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Original Note:
Inflation is the rate at which prices rise. Mortgage rates are based off the bank of England base rate Increasing payments on mortgages cannot directly bring down inflation as suggested. An increase in mortgage payments is likely to increase inflation opposed to decrease it https://www.bankofengland.co.uk/explainers/what-is-inflation https://www.money.co.uk/mortgages/bank-of-england-base-rate
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