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30 Yr Fxd 3.99% 4.241%
15 Yr Fxd 3.125% 3.561%
5 Yr ARM 2.99% 3.233%

Latest News

IMF sees silver lining in EU migrant crisis

Refugees and migrants disembark from a ferry from Lesbos island in the port of Piraeus, Greece on October 6, 2015The massive arrival of migrants in the European Union will burden member states' budgets in the short term but ultimately fuel economic growth, the IMF's chief economist said Tuesday. The arrival of hundreds of thousands of migrants in the EU, many fleeing the civil war in Syria, has unleashed a crisis for the bloc, but in the long term it will help its economies by expanding the labor force, said Maurice Obstfeld, the International Monetary Fund's new economic research director. The influx has caused conflict among the EU's 28 members and led to a partial breakdown in their open-border system as member states struggle to cope.

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