Current Delaware Mortgage Rates

Compare Delaware mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Delaware.

We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Delaware. Plus, shopping lenders is free and there is no obligation.

Delaware Mortgage Rates as of November 29, 2023
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Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes or insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details. Data provided by Icanbuy. Payments do not include amounts for taxes and insurance premiums. Read through our lender table disclaimer for more information on rates and product details.

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Compare Today's Delaware Mortgage Rates

November 29, 2023

Current mortgage rates in Delaware are % for a 30 year fixed rate loan, % for a 15 year fixed loan and % for a 5/1 adjustable rate mortgage (ARM)

Mortgage Program
Delaware Rates
30 Year Fixed Rate
15 Year Fixed Rate
5/1 Adjustable Rate Mortgage

How Affordable is Housing in Delaware?

Below we offer valuable insights on the housing market and real estate prices in Delaware. Understand how much you need to make to buy a house in Delaware, including the mortgage you need. Review the monthy loan payment so you can determine if home ownership in Delaware is affordable for you. We provide this helpful information to help you decide if living in Delaware is right for you.

The median home value for Delaware is $331,992

Based on current mortgage rates and a 10% down payment, the income required to buy the median priced home in Delaware is $69,259

With this income, you could qualify for a $298,793 mortgage, assuming your monthly debt expense is reasonable

Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Delaware is $1,604

The median household income for Delaware is $72,329

Based on this income, you can afford a home valued at approximately $346,710

The home price you can afford to buy based on household income in Delaware is 104% of the median home value which means housing prices are expensive. Delaware ranks 35 out of 50 states for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the real estate market in Delaware is expensive


Additional Mortgage Resources for Delaware Residents

Mortgage Rates for Delaware Cities

Dover Mortgage Rates

Sussex Mortgage Rates

Wilmington Mortgage Rates