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More Americans paying mortgages on time

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LOS ANGELES (KNOE 8 News/AP) - New numbers say U.S. homeowners are getting better at paying their mortgages on time.

The credit reporting agency TransUnion says from April to June, the national rate for late payments on home loans was its lowest in five years.

In the second quarter of this year, 4.09 percent of borrowers were at least two months behind on their mortgage payments, compared to 5.49 percent during the same time last year.

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