Loan type	Today	+/-	Last week
$30K HELOC	5.17%		5.19%
$30K home equity loan	7.62%		7.60%
$75K home equity loan	7.27%		7.27%
$50K home equity loan	7.27%		7.26%
$50K HELOC	4.81%		4.86%

Source: Bankrate.com | View rates in your area

See today's savings rates across the country.

Savings type	Today	+/-	Last week
Money market	2.50%		2.47%
$10K money market	2.77%		2.70%
Six-month CD	3.12%		3.15%
One-year CD	3.62%		3.63%
Five-year CD	4.15%		4.15%

Source: Bankrate.com | View rates in your area

See today's average auto rates across the country.

Loan type	Today	+/-	Last week
48-month new car loan	6.78%		6.46%
36-month used car loan	7.10%		7.10%
36-month new car loan	6.73%		6.73%
60-month new car loan	6.47%		6.47%
72-month new car loan	6.32%		6.32%

Source: Bankrate.com | View rates in your area

See today's average credit card rates across the country.

Card type	Fixed	Variable
Standard	13.42%	11.57%
Gold	11.73%	10.31%
Platinum	10.55%	11.60%
All	11.88%	11.34%

Source: Bankrate.com | View more rates

updated 2:58 p.m. ET Nov. 13, 2007

WASHINGTON - An expected surge in home foreclosures will cause U.S. property values to sink by $223 billion, with the most severe impact in minority communities, a new report says.

The report released Tuesday by the Center for Responsible Lending estimates that roughly one in three households will see their property values drop by $5,000 on average as mortgages made to borrowers with weak credit in 2005 and 2006 reset at higher interest rates, accelerating the pace of foreclosures.

Property values and tax revenues will decline most sharply, the center said, in neighborhoods with lots of minority residents, who received a disproportionate share of such mortgages. The report's authors asserted that foreclosures have a negative effect on surrounding properties, raising the risk of fire and vandalism.

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"These foreclosures are wiping out wealth that people often took a lifetime to build," said Martin Eakes, the center's chief executive. "Many families will never achieve homeownership again"

The Durham, N.C.-based center is pushing for legislation up for a House vote Thursday that would ban abusive lending practices, such as steering homeowners into refinanced mortgages that don't provide any benefit.

Advocacy groups say poor and minority borrowers who qualified for traditional loans were nevertheless steered into mortgages that reset to dramatically high levels after a short "teaser" period.

These practices "succeeded in wrecking the futures of hundreds of thousands of homeowners and their families," said Shanna Smith, executive director of the National Fair Housing Alliance.

Experts project that between 1 million and 2 million of those loans will wind up in foreclosure.

The center's property value analysis was based on academic research indicating that a foreclosure lowers the price of neighboring properties by 0.9 percent on average. That impact was higher in poor neighborhoods, where prices dropped 1.4 percent on average.

It comes as Wall Street investors and homeowners alike try to gauge the ultimate impact of the mortgage market's troubles, which started early this year among borrowers with weak, or subprime, credit and have expanded to other loans.

Federal Reserve Chairman Ben Bernanke told lawmakers in Washington last week that nearly 2.3 million subprime mortgages will reset at higher rates — and often dramatically higher monthly payments — through the end of next year.