Desjardins Group Announces Changes in Residential Mortgage Rates

LÉVIS, QC, Jan. 27 /CNW Telbec/ - Desjardins Group announces the following changes in mortgage rates for caisses in Québec and Ontario*, effective on January 28th, 2010 .

    
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    Terms                             Rates
    -----                             -----
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    6 months open                      6,45 %                    unchanged
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    6 months closed                    3,50 %                    unchanged
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    1 year open                        6,55 %                    unchanged
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    1 year closed                      3,50 %                    unchanged
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    2 years                            3,75 %                    unchanged
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    3 years                            4,15 %                       - 0,10 %
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    4 years                            5,04 %                       - 0,10 %
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    5 years                            5,39 %                       - 0,10 %
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    7 years                            6,60 %                    unchanged
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    10 years                           6,75 %                    unchanged
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    * Desjardins Credit Union branches in Ontario may apply different
        rates.
    

For further information: André Chapleau, Director Media Relations, [phone], 1-866-866-7000, poste 7229