Desjardins Group Announces Changes in Residential Mortgage Rates

LÉVIS, QC, Aug. 17 /CNW Telbec/ - Desjardins Group announces the following changes in mortgage rates for caisses in Québec and Ontario, effective on August 18th, 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 %      unchanged
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    1 year closed                                 3.50 %      unchanged
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    2 years                                       3.90 %       -0.10 %
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    3 years                                       4.35 %       -0.10 %
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    4 years                                       5.14 %       -0.10 %
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    5 years                                       5.49 %       -0.10 %
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    7 years                                       6.45 %       -0.10 %
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    10 years                                      6.60 %       -0.10 %
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For further information: André Chapleau, Director Media Relations, [phone], 1 866 866-7000, ext. 7229