• Tel: 416-528-5118
    Email: admin@avro1.com

  • Hybrid Mortgage

    • Hybrid Mortgage
    • Also known as a 50/50 mortgage, is a combination of fixed and variable rate mortgages, allowing you to get the best of both worlds. With a Ahybrid mortgage, part of the loan is financed at a fixed rate and the other part of the loan is financed at a variable rate. The terms for both parts may be different, which may be tricky to manage when it comes time to renew your term, and it also may be difficult to transfer a hybrid mortgage to another lender. Still, you benefit from stability as well as potentially falling rates.