NEW REPORT: US Households Are Finally Getting A Handle On Debt - Spokane, North Idaho News & Weather KHQ.com

NEW REPORT: US Households Are Finally Getting A Handle On Debt

MSNBC.COM - Five years after the bursting of the borrowing bubble, American households are getting a better handle on their debt.

The latest sign came in a report this week showing that homeowners are doing a better job keeping up with their mortgage payments. So far this year, the number of mortgage holders who are behind by two monthly payments or more has fallen 9 percent, according to TransUnion, a consumer credit rating agency. About 5.49 percent of mortgage holders were badly behind in the latest quarter, the lowest delinquency rate since the first quarter of 2009, TransUnion said. click here to read more

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