Answer
Ponds would be MORE likely to freeze.
Work Step by Step
When a substance has a relatively low specific heat capacity, it cools and heats relatively quickly. Another way to phrase this is that the substance has little "thermal inertia." It suffers large temperature changes for small changes in internal energy. If water had a lower specific heat capacity, it would more easily be cooled to $0^{\circ}C$ by cold air.
