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December 2025 Could Be the Best (and Last) Time to Secure a Mortgage in Canada — Here’s Why

If you’ve been waiting for the “right time” to buy, refinance, or restructure your mortgage, December 2025 may be the moment you look back on as the opportunity you either seized — or missed.
December 16, 2025 by
December 2025 Could Be the Best (and Last) Time to Secure a Mortgage in Canada — Here’s Why
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While most Canadians are distracted by holidays, year-end spending, and market noise, experienced borrowers and investors quietly make some of their smartest mortgage decisions in December.

At Lendworth, we review thousands of mortgage files, renewals, refinances, and private lending opportunities every year — and December consistently stands out as one of the most strategic months in the entire mortgage cycle.

Here’s exactly what’s happening in the Canadian mortgage market right now, why it matters, and how you can use it to your advantage before 2026 arrives.

The December 2025 Mortgage Market: What’s Really Going On

The Canadian mortgage market heading into the end of 2025 is defined by three critical forces:

  1. Rate uncertainty heading into 2026

  2. Slower buyer activity creating leverage

  3. Lenders competing aggressively for year-end volume

While headlines focus on interest rate speculation, the real opportunity lies beneath the surface.

Mortgage Rates in December 2025

  • Fixed rates have stabilized after months of volatility

  • Variable rates remain attractive for structured borrowers

  • Lenders are quietly offering rate holds, fee reductions, and flexible terms

Historically, Q1 (January–March) brings pricing resets, policy changes, and tighter underwriting. December is often the calmest window before the storm.

Why December Is a Power Month for Mortgage Borrowers

Most people assume spring and summer are the “best” times to deal with mortgages.

That’s exactly why December works.

1. Less Competition = More Negotiating Power

Fewer applications means:

  • Faster approvals

  • More flexible underwriting

  • Willingness to customize terms

Lenders want files funded before year-end — and motivated lenders negotiate.

2. Buyers Have More Leverage Than Sellers

In many Ontario markets:

  • Listings linger longer in winter

  • Sellers are more flexible

  • Price reductions are more common

A strong mortgage strategy in December often results in better purchase pricing — which matters far more than minor rate differences over time.

3. Rate Locks Before 2026 Announcements

January often brings:

  • Bank policy updates

  • Bond market shifts

  • New lender pricing models

Locking or structuring financing in December can protect you from Q1 surprises.

7 Smart Mortgage Moves to Make Before December Ends

These are the exact strategies Lendworth clients use to save thousands.

1. Lock Your Rate — Even If You’re Not Ready Yet

A rate hold gives you protection without obligation.

If rates rise in early 2026, you’ll be glad you did.

2. Refinance While Your Equity Position Is Clear

Year-end property values and lender assessments often work in your favor — especially for:

  • Debt consolidation

  • Business capital

  • Investment restructuring

3. Use December Appraisals Strategically

Comparable sales from late summer and fall still support values — before potential winter softening.

4. Restructure Variable Debt Before Renewals Hit

If you’re facing a 2026 renewal, December is the time to:

  • Blend terms

  • Shorten amortizations

  • Reduce exposure

5. First-Time Buyers: Use the Quiet Market

Less pressure.

More negotiating power.

Better conditions.

Winter buyers often get the best deals — and December buyers often get the best financing.

6. Investors: Reposition Before Q1 Competition

Private and alternative lenders are more flexible in December than any other month.

This is prime time for:

  • Equity takeouts

  • Bridge loans

  • Portfolio refinances

7. Clean Up Your Credit Before the New Year

December is ideal for:

  • Paying down utilization

  • Closing unused trade lines

  • Positioning for stronger approvals in 2026

Should You Buy a Home in December 2025?

Short answer: If you’re prepared — yes.

December buyers benefit from:

  • Motivated sellers

  • Less competition

  • Faster closings

  • Better lender attention

At Lendworth, we regularly see December purchases outperform spring purchases over the long term — simply because the entry price and structure were better.

Thinking About Refinancing or Renewing? Read This First

If your mortgage renews in 2026, waiting could cost you.

December refinancing allows you to:

  • Avoid renewal shock

  • Lock or hedge rates

  • Consolidate debt strategically

  • Improve cash flow heading into the new year

Even if you don’t finalize, starting the process now puts you ahead of the curve.

Lendworth’s 2026 Mortgage Outlook

Based on lender data, investor activity, and market trends, we expect:

  • Continued rate volatility

  • Strong demand for alternative and private lending

  • Increased focus on equity-based financing

  • More borrowers restructuring, not just renewing

The winners in 2026 won’t be those who guessed rates correctly —

they’ll be the ones who structured their mortgages properly before pressure returned.

Final Thoughts: The Window Is Quiet — But It’s Real

December doesn’t feel urgent.

That’s exactly why it works.

While most Canadians wait for headlines, smart borrowers quietly position themselves — locking rates, negotiating terms, and entering the new year prepared instead of reactive.

If you’re thinking about buying, refinancing, renewing, or accessing equity, December 2025 is not the month to ignore.

Speak With a Lendworth Mortgage Strategist

No pressure. No obligation. Just real advice.

👉 Book a Year-End Mortgage Strategy Call

👉 Get a Personalized Rate & Equity Review

Your equity deserves more™