Large downpayment for home? Or use that money instead to invest long-term?

Large downpayment for home? Or use that money instead to invest long-term? $200k in savings, 35 years old, still no home. Is it better to put $150k+ on downpayment for a ~$250k home, or is it better to invest $150k somehow? If it's financially better to invest and simply keep renting ($1400/mo), where to invest it? Salary ~$100k but only actually see about $40k of that each year after all payments. In USA. Goal: Having...

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