Mortgage Refinancing in Delaware
Real refinance data for Delaware from federal sources, updated annually. See how your state compares to national averages.
Refinance Originations
1,667
2023 HMDA data
Avg Loan Amount
$459,751
National: $410,429
Denial Rate
27.58%
▲ Below national avg
Median Home Value
$326,800
U.S. Census Bureau
Source: HMDA 2023 via CFPB, U.S. Census Bureau ACS
Calculate your refinance savingsRefinance Trends in Delaware
Originations by Year
Refinance originations in Delaware by year. Source: HMDA via CFPB.
Loan Type Breakdown
Includes all refinance applications (originated, denied, and other outcomes). Source: HMDA via CFPB.
Home Price Trends in Delaware
Source: FHFA House Price Index
Top Lenders in Delaware
| # | Lender | HMDA Records | Avg Loan |
|---|---|---|---|
| 1 | Rocket Mortgage LLC | 2,517 | - |
| 2 | Pnc Bank National Association | 2,414 | - |
| 3 | Citizens Bank National Association | 2,371 | - |
| 4 | Wilmington Savings Fund Society Fsb | 2,255 | - |
| 5 | Wells Fargo Bank National Association | 1,859 | - |
| 6 | Citizens Bank National Association | 1,791 | - |
| 7 | Pennymac Loan Services LLC | 1,769 | - |
| 8 | Manufacturers And Traders Trust Company | 1,717 | - |
| 9 | Pennymac Loan Services LLC | 1,657 | - |
| 10 | Pike Creek Mortgage Services Inc. | 1,624 | - |
Ranked by total HMDA filings in the state (2023). Source: HMDA via CFPB.
Compare all lenders →How Delaware Compares
| Metric | Delaware | National Avg |
|---|---|---|
| Refinance Originations | 1,667 | 435,709 |
| Avg Loan Amount | $459,751 | $410,429 |
| Denial Rate | 27.58% | 27.87% |
Green indicates the state performs better than the national average. Red indicates worse. Source: HMDA 2023, U.S. Census Bureau.
Current Mortgage Rates
30-Year Fixed
6.38%
▲ 6.22% prev
15-Year Fixed
5.75%
▲ 5.54% prev
5/1 ARM
6.06%
▲ 5.95% prev
National average rates updated daily from FRED (Federal Reserve Bank of St. Louis). Your rate depends on your credit score, loan amount, and lender.
Get personalized rates →Frequently Asked Questions
How many people refinanced in Delaware in 2023?
In 2023, there were 1,667 refinance originations in Delaware, according to HMDA data reported to the CFPB.
What is the average refinance loan amount in Delaware?
The average refinance loan amount in Delaware was $459,751 in 2023. This reflects originated loans reported through HMDA.
What is the refinance denial rate in Delaware?
The refinance denial rate in Delaware was 27.58% in 2023. This is calculated from originated and denied applications reported to the CFPB.
What are the top refinance lenders in Delaware?
The most active lenders in Delaware by HMDA filing volume include Rocket Mortgage LLC, Pnc Bank National Association, Citizens Bank National Association. See the full list above for details.
Is it a good time to refinance in Delaware?
Whether refinancing makes sense depends on your current rate, loan balance, and how long you plan to stay in your home. Use our refinance calculator and break-even calculator to estimate your potential savings based on current national rates.
Want a deeper analysis?
Read our full editorial guide on refinancing in Delaware, including tips, regulations, and state programs.
Read the Delaware Refinance GuideData sourced from HMDA (Home Mortgage Disclosure Act) via the CFPB and FRED (Federal Reserve Bank of St. Louis). Demographics from the U.S. Census Bureau American Community Survey. This page is for educational purposes only and does not constitute financial advice. Consult a licensed mortgage professional for personalized guidance.