Desjardins Group Announces Changes in Residential Mortgage Rates

LÉVIS, QC, May 21 /CNW Telbec/ - Desjardins Group announces the following changes in mortgage rates for caisses in Québec and Ontario, effective on May 25, 2010.

    
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    Terms                         Rates
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    6 months open                  6.75 %            unchanged
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    6 months closed                3.75 %            unchanged
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    1 year open                    6.75 %            unchanged
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    1 year closed                  3.90 %            unchanged
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    2 years                        4.40 %            unchanged
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    3 years                        4.85 %            unchanged
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    4 years                        5.64 %             - 0.11 %
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    5 years                        5.99 %             - 0.11 %
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    7 years                        6.95 %            unchanged
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    10 years                       7.10 %            unchanged
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For further information: André Chapleau, Director Media Relations, [phone], 1-866-866-7000, ext. 7229