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 .

    
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    Terms                       Rates
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    6 months open               6,50 %               + 0,15 %
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    6 months closed             3,65 %               + 0,15 %
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    1 year open                 6,80 %               + 0,45 %
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    1 year closed               3,65 %               + 0,15 %
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    2 years                     3,95 %               + 0,10 %
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    3 years                     4,65 %               + 0,30 %
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    4 years                     5,30 %               + 0,35 %
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    5 years                     5,85 %               + 0,35 %
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    7 years                     6,80 %               + 0,20 %
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    10 years                    6,95 %               + 0,20 %
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    * Desjardins Credit Union branches in Ontario may apply different
        rates.
    

For further information: André Chapleau, Director Information and Media Relations, [phone], 1-866-866-7000, ext. 7229