Saturday, Aug 27, 2016
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Real Estate

Percentage of delinquent home mortgages down

LOS ANGELES -- The percentage of U.S. homeowners behind on their mortgage payments dropped in the first three months of this year to the lowest level since 2009, according to a new report.

Some 5.78 percent of the nation's mortgage holders were behind on their payments by 60 days or more in the January-to-March quarter, credit reporting agency TransUnion said Wednesday.

That's down from 6.19 percent in the same period last year.

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