Desjardins Group Announces Changes in Residential Mortgage Rates



    LEVIS, QC, Oct. 30 /CNW Telbec/ - Desjardins Group announces the
following changes in mortgage rates for caisses in Québec and Ontario(*),
effective on October 31, 2007.

    
    -------------------------------------------------------------------------
    Terms                                 Rates
    -----                                 -----
    -------------------------------------------------------------------------
    6 months open                          8,65 %             unchanged
    -------------------------------------------------------------------------
    6 months closed                        6,85 %             unchanged
    -------------------------------------------------------------------------
    1 year open                            9,30 %             unchanged
    -------------------------------------------------------------------------
    1 year closed                          7,15 %             unchanged
    -------------------------------------------------------------------------
    2 years                                7,35 %                - 0,05 %
    -------------------------------------------------------------------------
    3 years                                7,35 %                - 0,05 %
    -------------------------------------------------------------------------
    4 years                                7,35 %                - 0,05 %
    -------------------------------------------------------------------------
    5 years                                7,35 %                - 0,05 %
    -------------------------------------------------------------------------
    7 years                                7,65 %             unchanged
    -------------------------------------------------------------------------
    10 years                               8,00 %             unchanged
    -------------------------------------------------------------------------

    (*) 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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