Mortgage delinquencies are down

Most Americans welcome news that points to a stabilizing housing market.  As the topic of much debate in the past few years, the housing market can use all the good press it can get. reports that the rate of mortgage delinquencies declined in the second quarter.  This is a small positive sign to the housing market as it suggests fewer potential foreclosures on the horizon.  The article also suggests that the numbers indicate that Americans are doing a better job managing their finances and staying on top of their bills.

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