I finally have $50,000, partly a gift and partly an inheritance, and it’s the most money I’ve ever had in my bank account. I feel like I missed the boat in life. Where should I invest my money, assuming that I won’t be able to buy a home for several years?

Millions of would-be homeowners have been priced out of the property market since early 2022, when the Federal Reserve started raising interest rates. The looming cut may do little to help. With home prices near record highs and the cost of home insurance and property taxes rising,

Channel 13 reached out to a local mortgage banker and realtor to find out how the latest interest rate cut could impact you.