Desjardins Group Announces Changes in Residential Mortgage Rates

LÉVIS, QC, Nov. 19 /CNW Telbec/ - Desjardins Group announces the following changes in mortgage rates for caisses in Québec and Ontario*, effective on November 20, 2009.

    
    -------------------------------------------------------------------------
    Terms                             Rates
    -----                             -----
    -------------------------------------------------------------------------
    6 months open                     6,45 %            - 0,05 %
    -------------------------------------------------------------------------
    6 months closed                   3,50 %            - 0,15 %
    -------------------------------------------------------------------------
    1 year open                       6,55 %            - 0,25 %
    -------------------------------------------------------------------------
    1 year closed                     3,50 %            - 0,15 %
    -------------------------------------------------------------------------
    2 years                           3,75 %            - 0,20 %
    -------------------------------------------------------------------------
    3 years                           4,25 %            - 0,40 %
    -------------------------------------------------------------------------
    4 years                           5,19 %            - 0,11 %
    -------------------------------------------------------------------------
    5 years                           5,59 %            - 0,26 %
    -------------------------------------------------------------------------
    7 years                           6,60 %            - 0,20 %
    -------------------------------------------------------------------------
    10 years                          6,75 %            - 0,20 %
    -------------------------------------------------------------------------

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

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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