Desjardins Group Announces Changes in Residential Mortgage Rates



    LEVIS, QC, Oct. 11 /CNW Telbec/ - Desjardins Group announces the
following changes in mortgage rates for caisses in Québec and Ontario(*),
effective on October 12, 2007.

    
    -------------------------------------------------------------------------
    Terms                               Rates
    -----                               -----
    -------------------------------------------------------------------------
    6 months open                        8,65 %                + 0,10 %
    -------------------------------------------------------------------------
    6 months closed                      6,85 %                + 0,10 %
    -------------------------------------------------------------------------
    1 year open                          9,30 %                + 0,10 %
    -------------------------------------------------------------------------
    1 year closed                        7,05 %                + 0,10 %
    -------------------------------------------------------------------------
    2 years                              7,30 %               unchanged
    -------------------------------------------------------------------------
    3 years                              7,40 %                + 0,10 %
    -------------------------------------------------------------------------
    4 years                              7,40 %                + 0,10 %
    -------------------------------------------------------------------------
    5 years                              7,40 %                + 0,25 %
    -------------------------------------------------------------------------
    7 years                              7,55 %               unchanged
    -------------------------------------------------------------------------
    10 years                             8,00 %               unchanged
    -------------------------------------------------------------------------

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




For further information:

For further information: (for journalists only): André Chapleau,
Director Information and Media Relations, (514) 281-7229, 1-866-866-7000, ext.
7229


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