The national mortgage delinquency rate decreased for the sixth consecutive quarter, dropping to 5.82 percent at the end of the second quarter, according to a recent report from TransUnion.

Mortgage delinquency rates improved on a quarterly basis by 5.98 percent, more than any time since the recession officially ended two years ago, according to a statement.

"While relatively low home prices and high unemployment continue to exert upward pressure on delinquency rates, they are more than offset by the impact of more conservative lending policies reflecting consumers with higher credit scores," said Tim Martin, group vice president of the U.S. housing market in TransUnion’s financial services business unit. "Not only are these consumers less likely to default if house prices continue to edge downward throughout the year, but their willingness to repay their debt obligations in the face of high unemployment rates is greater."