Desjardins Group Announces Changes in Residential Mortgage Rates

LÉVIS, QC, Nov. 19 /CNW Telbec/ - Desjardins Group announces the following changes in mortgage rates for caisses in Québec and Ontario*, effective on November 20, 2009 .

    
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    Terms                             Rates
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    6 months open                     6,45 %            - 0,05 %
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    6 months closed                   3,50 %            - 0,15 %
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    1 year open                       6,55 %            - 0,25 %
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    1 year closed                     3,50 %            - 0,15 %
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    2 years                           3,75 %            - 0,20 %
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    3 years                           4,25 %            - 0,40 %
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    4 years                           5,19 %            - 0,11 %
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    5 years                           5,59 %            - 0,26 %
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    7 years                           6,60 %            - 0,20 %
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    10 years                          6,75 %            - 0,20 %
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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, ext. 7229