Rates on 30-year mortgages inched downward this week, remaining below 5 percent for the tenth-consecutive week and just above record lows.

Mortgage financing giant Freddie Mac said Thursday that average rates on 30-year fixed rate mortgages dipped slightly to 4.82 percent this week, down from an average 4.86 percent last week.

The all-time low of 4.78 percent was recorded on the weeks of April 2 and April 30.
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