Buying a house is a significant investment that impacts financial strategies. To become mortgage-free faster, consider strategies like finding the best mortgage through brokers who offer multiple options, choosing a home at the lower end of your price range, and opting for a variable rate mortgage for potential savings. Applying tax refunds to the mortgage can also reduce the payoff time and interest. Additionally, selecting the right insurance is crucial for protecting your investment. Consulting a financial advisor can help tailor decisions to your goals.
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