Desjardins Group Announces Changes in Residential Mortgage Rates



    LEVIS, QC, June 13 /CNW Telbec/ - Desjardins Group announces the
following changes in mortgage rates for caisses in Québec and Ontario(*),
effective on June 16, 2008.

    
    -------------------------------------------------------------------------
    Terms                                 Rates
    -----                                 -----
    -------------------------------------------------------------------------
    6 months open                        8,40 %                   + 0,40 %
    -------------------------------------------------------------------------
    6 months closed                      6,90 %                   + 0,40 %
    -------------------------------------------------------------------------
    1 year open                          8,80 %                   + 0,50 %
    -------------------------------------------------------------------------
    1 year closed                        6,30 %                   + 0,30 %
    -------------------------------------------------------------------------
    2 years                              6,65 %                   + 0,50 %
    -------------------------------------------------------------------------
    3 years                              6,65 %                   + 0,50 %
    -------------------------------------------------------------------------
    4 years                              6,85 %                   + 0,25 %
    -------------------------------------------------------------------------
    5 years                              7,10 %                   + 0,45 %
    -------------------------------------------------------------------------
    7 years                              7,60 %                   + 0,35 %
    -------------------------------------------------------------------------
    10 years                             7,75 %                   + 0,30 %
    -------------------------------------------------------------------------

    (*) 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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