Brinkmann Sees U.S. Mortgage Rates Above 5% in 2011
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Brinkmann Sees U.S. Mortgage Rates Above 5% in 2011

Jan. 12 (Bloomberg) -- Jay Brinkmann, chief economist at the Mortgage Bankers Association, talks about the Federal Reserve's Beige Book report and the U.S. housing market. The Fed said holiday-season spending and increased manufacturing drove an economic expansion across the U.S. in November and December, with businesses cautiously optimistic about their 2011 outlooks. Brinkmann talks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg) (Bloomberg)

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