Desjardins Group Announces Changes in Residential Mortgage Rates



    LEVIS, QC, June 19 /CNW Telbec/ - Desjardins Group announces the
following changes in mortgage rates for caisses in Québec and Ontario(*),
effective on June 20, 2007.

    
    -------------------------------------------------------------------------
    Terms                                       Rates
    -----                                       -----
    6 months open                                8,55 %          unchanged
    -------------------------------------------------------------------------
    6 months closed                              6,70 %          unchanged
    -------------------------------------------------------------------------
    1 year open                                  9,20 %             - 0,05 %
    -------------------------------------------------------------------------
    1 year closed                                6,80 %             - 0,15 %
    -------------------------------------------------------------------------
    2 years                                      7,30 %             - 0,10 %
    -------------------------------------------------------------------------
    3 years                                      7,30 %             - 0,20 %
    -------------------------------------------------------------------------
    4 years                                      7,30 %             - 0,20 %
    -------------------------------------------------------------------------
    5 years                                      7,25 %             - 0,20 %
    -------------------------------------------------------------------------
    7 years                                      7,50 %             - 0,20 %
    -------------------------------------------------------------------------
    10 years                                     8,00 %             - 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, ext. 7229


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