Desjardins Group Announces Changes in Residential Mortgage Rates

LÉVIS, QC, July 6 /CNW Telbec/ - Desjardins Group announces the following changes in mortgage rates for caisses in Québec and Ontario, effective on July 7th, 2010.

    
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    Terms                             Rates
    -----                             -----
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    6 months open                     6.75 %               unchanged
    -------------------------------------------------------------------------
    6 months closed                   3.75 %               unchanged
    -------------------------------------------------------------------------
    1 year open                       6.70 %               -0.05 %
    -------------------------------------------------------------------------
    1 year closed                     3.70 %               -0.10 %
    -------------------------------------------------------------------------
    2 years                           4.20 %               -0.10 %
    -------------------------------------------------------------------------
    3 years                           4.65 %               -0.10 %
    -------------------------------------------------------------------------
    4 years                           5.44 %               -0.10 %
    -------------------------------------------------------------------------
    5 years                           5.79 %               -0.10 %
    -------------------------------------------------------------------------
    7 years                           6.75 %               -0.10 %
    -------------------------------------------------------------------------
    10 years                          6.90 %               -0.10 %
    -------------------------------------------------------------------------
    

SOURCE Desjardins Group

For further information: For further information: (for journalists only): André Chapleau, Director Media Relations, (514) 281-7229, 1 866 866-7000, poste 7229


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