Leonard Druger

"... people want to be in the marketplace, ready to buy, before the prices go up." At New York's Citibank, the biggest mortgage lender in the New York metropolitan area, Leonard N. Druger, a vice president, said that the volume of home loans had increased "almost threefold from this time last year," with mortgage closings for all of 1982 amounting to more than ..."

"... thut intelligently will bu a virtually impossible tusk fur borrowers." Even some bankers agree. "There's no way to compare price any more because the features arc all different," says Leonard Druger, a vice president of Citibank, which offers its version of an adjustable rate loan (the bank can raise rates by a maximum of five percentage points every 30 months). Sometimes, ..."

"... at sudden changes in rates, either up or down. Other lenders and brokers say there is already some evidence that lower interest rates are having an impact. One is Leonard Druger, a vice president of Citibank, who sald the bank's loan volume increased about 60 percent during the last two months compared to the same months last year. As a result ..."

"... people wont to be in the marketplace, ready to buy, before the prices go up:" At New York's Citibank, the biggest mortgage lender in the New York metropolitan area, Leonard N. Druger, a vice president, said that the volume of home loans had increased "almost threefold from this time last year," with mortgage closings for all of 1982 amounting to more than ..."