Desjardins Group Announces Changes in Residential Mortgage Rates

LÉVIS, QC, May 21 /CNW Telbec/ - Desjardins Group announces the following changes in mortgage rates for caisses in Québec and Ontario, effective on May 25, 2010.

    
    -------------------------------------------------------------------------
    Terms                         Rates
    -----                         -----
    -------------------------------------------------------------------------
    6 months open                  6.75 %            unchanged
    -------------------------------------------------------------------------
    6 months closed                3.75 %            unchanged
    -------------------------------------------------------------------------
    1 year open                    6.75 %            unchanged
    -------------------------------------------------------------------------
    1 year closed                  3.90 %            unchanged
    -------------------------------------------------------------------------
    2 years                        4.40 %            unchanged
    -------------------------------------------------------------------------
    3 years                        4.85 %            unchanged
    -------------------------------------------------------------------------
    4 years                        5.64 %             - 0.11 %
    -------------------------------------------------------------------------
    5 years                        5.99 %             - 0.11 %
    -------------------------------------------------------------------------
    7 years                        6.95 %            unchanged
    -------------------------------------------------------------------------
    10 years                       7.10 %            unchanged
    -------------------------------------------------------------------------
    

SOURCE Desjardins Group

For further information: For further information: André Chapleau, Director Media Relations, (514) 281-7229, 1-866-866-7000, ext. 7229


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