Originally published on Fri August 10, 2012 9:45 am
Saying it wants "to protect homeowners from surprises and costly mistakes by their mortgage servicers," the Consumer Financial Protection Bureau today proposed new rules it believes would make the home loan process simpler and give struggling homeowners more of a chance to avoid foreclosures.
Take a look at this report from NPR's Planet Money team. How does it compare with your life? Do you spend more on education or health care? What about entertainment? Explore their visual take on the statistics via the link.
For a historic look at spending in America, see our post What America Buys. For more, see our Graphing America series. How do Americans spend their money? And how do budgets change across the income spectrum? The graph below answers these questions. It shows average household spending patterns in for U.S.