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Refinancing in Delaware
Looking to refinance in Delaware? Compare the latest DE mortgage rates, lower your monthly payments, and access cash from your home with our simple refinance options.
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Best Mortgage Loan Programs in Delaware | Lower Your Rate
Explore the best Delaware home loan programs for purchase or refinance. Flexible options for first-time buyers and experienced homeowners alike.
01
30 Year Fixed Rate
Reliable refinancing with steady monthly payments and long-term stability. The 30-year fixed rate is the most popular mortgage option for homeowners.
02
15 Year Fixed Rate
Pay off your home faster with lower interest costs. A 15-year fixed rate provides stability, savings, and quicker equity growth.
03
FHA Loans
Low down payments and flexible terms make FHA loans ideal for first-time buyers and refinancers. Affordable and accessible.
04
Adjustable-Rate (ARM)
Start with lower monthly payments and flexible terms. ARMs offer 5-, 7-, or 10-year options for an affordable refinance or purchase.
05
Jumbo Loans
Start with lower monthly payments and flexible terms. ARMs offer 5-, 7-, or 10-year options for an affordable refinance or purchase.
06
VA Loans
Exclusive benefits for veterans and military families. VA loans offer low rates, no PMI, and trusted refinancing or purchase solutions.
Delaware's Real Estate Market
Delaware's housing market remains strong in 2025, with home prices continuing to rise amid limited inventory. The median home sale price has increased by 9.5% year-over-year, reaching approximately $379,900. Homes are selling quickly, with a median of 46 days on the market. Inventory levels have improved slightly, now at 3.2 months of supply compared to 2.8 months a year ago. While competition remains, buyers may find slightly more negotiating room. Coastal areas, in particular, continue to see strong demand, driven by Delaware's tax advantages and proximity to major metropolitan areas.
About American Federal Mortgage
American Federal Mortgage, founded in 1987 in Clifton, NJ, has grown into one of the nation’s largest privately held mortgage bankers by combining award-winning service with some of the most competitive rates available. For over thirty years, our honest, efficient, and low-cost approach has earned a reputation for excellence and helped countless Delaware homeowners achieve the American Dream. While technology now allows borrowers to complete the mortgage process entirely online, our experienced loan officers still deliver personalized guidance every step of the way.
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