Not really. If there is inflation having fixed intrest debt is amazing. I would purchase the most expensive house you can afford. Your mortgage payments won't go up but your salary will cause of the inflation.
Do you have a mortgage, or are you a renter?? I surmise you rent, since you obviously don't understand what a mortgage means.
Mortgage payments include: Principal, Interest, Taxes and Insurance. Realtors abbreviate it PITI.
While you might see your interest remain static, inflation will affect your insurance and tax payments. In short, your mortgage payment will increase ... peroid.
On top of that, if inflation results in an increase in your take-home pay since most government agencies apply wage increases based on the inflation rate, your gross income would go up, but so would the taxes you pay. A $200/month increase may only net you an additional $40 take home. Then, when you file a 1040 itemized return to take advantage of the interest deduction, you'll see that you don't get an increase in your tax refund since your interest paid that year is not increasing.
If you are using that home as a rental property, the interest payments are not important if you can get enough rental income to make those mortgage payments. The higher the interest charged, the slower equity is built. But, as long as you keep it as a rental, there's no cash flow problem, and the additional interest helps at tax time as a write-off on your personal total income -- i.e. less taxes you owe.
You live in a simpleton's world. That's mainly because you speak of so many things with which you have zero experience.