Desjardins Group Announces Changes in Residential Mortgage Rates



    LEVIS, QC, Aug. 7 /CNW Telbec/ - Desjardins Group announces the following
changes in mortgage rates for caisses in Québec and Ontario(*), effective on
August 8th, 2008.

    
    -------------------------------------------------------------------------
    Terms                             Rates
    -----                             -----
    -------------------------------------------------------------------------
    6 months open                     8,15 %                        - 0,25 %
    -------------------------------------------------------------------------
    6 months closed                   6,50 %                        - 0,40 %
    -------------------------------------------------------------------------
    1 year open                       8,50 %                        - 0,30 %
    -------------------------------------------------------------------------
    1 year closed                     6,25 %                        - 0,25 %
    -------------------------------------------------------------------------
    2 years                           6,30 %                        - 0,35 %
    -------------------------------------------------------------------------
    3 years                           6,35 %                        - 0,65 %
    -------------------------------------------------------------------------
    4 years                           6,70 %                        - 0,30 %
    -------------------------------------------------------------------------
    5 years                           6,85 %                        - 0,25 %
    -------------------------------------------------------------------------
    7 years                           7,25 %                        - 0,35 %
    -------------------------------------------------------------------------
    10 years                          7,45 %                        - 0,30 %
    -------------------------------------------------------------------------

    (*) 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, poste 7229


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