Robert McLister·General·October 13, 2009Hybrid 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 Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.