Desjardins Group Announces Changes in Residential Mortgage Rates

LÉVIS, QC, May 11 /CNW Telbec/ - Desjardins Group announces the following changes in mortgage rates for caisses in Québec and Ontario, effective on May 12th, 2010.

    
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    Terms                                      Rates
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    6 months open                              6.75 %         - 0.10 %
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    6 months closed                            3.75 %         unchanged
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    1 year open                                6.75 %         - 0.10 %
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    1 year closed                              3.90 %         - 0.05 %
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    2 years                                    4.40 %         unchanged
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    3 years                                    4.85 %         - 0.10 %
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    4 years                                    5.75 %         unchanged
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    5 years                                    6.10 %         - 0.15 %
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    7 years                                    6.95 %         - 0.10 %
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    10 years                                   7.10 %         - 0.10 %
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For further information: André Chapleau, Director Media Relations, [phone], 1-866-866-7000, poste 7229