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