Desjardins Group Announces Changes in Residential Mortgage Rates



    LEVIS, QC, July 25 /CNW Telbec/ - Desjardins Group announces the
following changes in mortgage rates for caisses in Québec and Ontario(*),
effective on July 28th, 2008.

    
    -------------------------------------------------------------------------
    Terms                        Rates
    -----                        -----
    -------------------------------------------------------------------------
    6 months open                8,40 %              unchanged
    -------------------------------------------------------------------------
    6 months closed              6,90 %              unchanged
    -------------------------------------------------------------------------
    1 year open                  8,80 %              unchanged
    -------------------------------------------------------------------------
    1 year closed                6,50 %              + 0,20 %
    -------------------------------------------------------------------------
    2 years                      6,65 %              unchanged
    -------------------------------------------------------------------------
    3 years                      7,00 %              + 0,35 %
    -------------------------------------------------------------------------
    4 years                      7,00 %              + 0,15 %
    -------------------------------------------------------------------------
    5 years                      7,10 %              unchanged
    -------------------------------------------------------------------------
    7 years                      7,60 %              unchanged
    -------------------------------------------------------------------------
    10 years                     7,75 %              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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