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Expensive summer for consumers

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An expensive summer nationwide. Experts expect mortgage rates, auto loans and gas prices will rise over the next few months. The increases come after we hit the second-longest economic expansion in US history. 30-year fixed-rate mortgage rates are expected to hit 7 year highs at a rate around 4.5%. And oil prices are expected to rise to $100 a barrel, the highest in 4 years.

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