Desjardins Group Announces Changes in Residential Mortgage Rates



    LEVIS, QC, June 8 /CNW Telbec/ - Desjardins Group announces the following
changes in mortgage rates for caisses in Québec and Ontario(*), effective on
June 11th, 2007.

    
    -------------------------------------------------------------------------
    Terms                                      Rates
    -----                                      -----
    -------------------------------------------------------------------------
    6 months open                              8,50 %      + 0,10 %
    -------------------------------------------------------------------------
    6 months closed                            6,60 %      + 0,10 %
    -------------------------------------------------------------------------
    1 year open                                9,00 %      + 0,10 %
    -------------------------------------------------------------------------
    1 year closed                              6,85 %      + 0,10 %
    -------------------------------------------------------------------------
    2 years                                    7,30 %      + 0,15 %
    -------------------------------------------------------------------------
    3 years                                    7,35 %      + 0,15 %
    -------------------------------------------------------------------------
    4 years                                    7,35 %      + 0,15 %
    -------------------------------------------------------------------------
    5 years                                    7,30 %      + 0,15 %
    -------------------------------------------------------------------------
    7 years                                    7,50 %      + 0,15 %
    -------------------------------------------------------------------------
    10 years                                   7,95 %      + 0,15 %
    -------------------------------------------------------------------------

    (*) Desjardins Credit Union branches in Ontario may apply different
        rates.
    




For further information:

For further information: André Chapleau, Director Information and Media
Relations, (514) 281-7229, 1 866 866-7000, poste 7229


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