Desjardins Group Announces Changes in Residential Mortgage Rates

LÉVIS, QC, July 6 /CNW Telbec/ - Desjardins Group announces the following changes in mortgage rates for caisses in Québec and Ontario, effective on July 7th, 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                       6.70 %               -0.05 %
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    1 year closed                     3.70 %               -0.10 %
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    2 years                           4.20 %               -0.10 %
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    3 years                           4.65 %               -0.10 %
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    4 years                           5.44 %               -0.10 %
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    5 years                           5.79 %               -0.10 %
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    7 years                           6.75 %               -0.10 %
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    10 years                          6.90 %               -0.10 %
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For further information: (for journalists only): André Chapleau, Director Media Relations, [phone], 1 866 866-7000, poste 7229