Hi. I have this squeaky noise coming from right back wheel since I have bought a car. It did not bother me because is was not noticeable with windows closed. But few weeks ago I tried high speed for some time and when I drove to petrol station there was very strong smell (like burning rubber) coming from back right site of a car. I suspected it had connection with wheel, tire, axe/ bearings. I tried to find if any parts are excessive hot but everything was fine. Since then I found out that this smells every time car is driven, although less noticeable. I am trying to figure out if it has any connection with back wheel noise. This noise appears over road bumps and when I press top of a tire with foot or when I rock the car. Sound disappear when the wheel is above the ground (support under axe) and I rock the car but still appears when wheel is being rock. I removed caliper and brake rotor, installed wheel and that noise has not disappeared. Right wheel bearing seems to be exactly in the same condition like on the other side. What can cause this squeaking noise? Can this smell come from exhaust and is it normal?