Hybrid Mortgage

A hybrid mortgage is a mortgage with multiple terms.

These terms may be part fixed and part variable, and/or part long-term and part short-term.

For example, a hybrid mortgage might be contain the following:

  • 50% in a 5-year fixed rate
  • 50% in a 5-year variable rate

As another example, a hybrid might contain:

  • 20% in a 3-year fixed rate
  • 30% in a 5-year variable rate
  • 50% in a 1-year fixed rate


Source: CanadianMortgageTrends.com