Desjardins Group Announces Changes in Residential Mortgage Rates

LÉVIS, QC, Oct. 14 /CNW Telbec/ - Desjardins Group announces the following changes in mortgage rates for caisses in Québec and Ontario*, effective on October 15th, 2009.

    
    -------------------------------------------------------------------------
    Terms                       Rates
    -----                       -----
    -------------------------------------------------------------------------
    6 months open               6,50 %               + 0,15 %
    -------------------------------------------------------------------------
    6 months closed             3,65 %               + 0,15 %
    -------------------------------------------------------------------------
    1 year open                 6,80 %               + 0,45 %
    -------------------------------------------------------------------------
    1 year closed               3,65 %               + 0,15 %
    -------------------------------------------------------------------------
    2 years                     3,95 %               + 0,10 %
    -------------------------------------------------------------------------
    3 years                     4,65 %               + 0,30 %
    -------------------------------------------------------------------------
    4 years                     5,30 %               + 0,35 %
    -------------------------------------------------------------------------
    5 years                     5,85 %               + 0,35 %
    -------------------------------------------------------------------------
    7 years                     6,80 %               + 0,20 %
    -------------------------------------------------------------------------
    10 years                    6,95 %               + 0,20 %
    -------------------------------------------------------------------------

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

SOURCE Desjardins Group

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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