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“There are plenty of ways to have fun this summer without busting your budget. For example, there’s still time to accumulate a summer vacation fund by setting money aside from every paycheck.”

– Ted Rossman

36% of Those Planning Summer Vacations Willing to Go Into Debt For Their Travels

With Memorial Day and the unofficial start of the summer travel season just a month away, more than a third of those planning to take a summer vacation this year say they will take on debt to fund their travels (36%).

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National average banking rates

	1 Year CD	1.75%
	3 Year CD	1.41%
	5 Year CD	1.43%
	Savings Account	0.57%

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Current mortgage rates

	30 Year Fixed	7.23%
	15 Year Fixed	6.70%
	10 Year Fixed	6.54%
	5/1 ARM	6.68%

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