As we wrap up another year, a lot of people start asking the same question:
“Is December actually a good time to think about buying, refinancing, or renewing my mortgage?”
Surprisingly… yes.
December is one of the most underrated months to get ahead of your 2025 financial goals — and here’s why.
1. Year-End Rate Trends Are Settling
While everyone’s busy with holidays, lenders are quietly adjusting year-end rate sheets.
This can create short windows of opportunity for better pricing, especially for renewals coming up in early 2025.
If your mortgage renewal is within 120 days, you can lock in a rate now — even if it drops later.
2. Your 2025 Budget Starts With Your Mortgage
Most people create financial resolutions like:
• “I want to save more.”
• “I want lower monthly expenses.”
• “I want to invest more next year.”
Your mortgage is usually the largest monthly payment you have — meaning even a small restructure can open up room for everything else.
3. Planning Now = Being Ready for the Spring Market
Spring is always the busiest real estate season.
But the people who win are the ones who start preparing in December:
• Pre-approvals
• Budget planning
• Down payment structure
• Understanding borrowing power
• Reviewing refinancing options
By the time everyone else starts in March, you’re already months ahead.
4. My Mortgage Tools Can Help You Get Started
If you’re unsure where to begin, the calculators on my website can help you figure out:
• Your estimated mortgage payments
• Minimum down payment required
• Closing & land transfer costs
• Refinance scenarios
• Rental income offsets
• First-time home buyer incentives
All updated for accurate, BC-specific numbers where needed.
You can explore them anytime — no sign-up required.
Final Thought: Give Yourself a Head Start on 2025
December isn’t just about holidays.
It’s the perfect month to organize your finances, ask questions, and build a plan that sets you up for a stronger year ahead.
If you want help reviewing your current mortgage, running numbers, or seeing what your 2025 options look like — I’m here anytime.