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President Trump has proposed a 50-year mortgage plan, which he says would lower monthly payments for homeowners.

Critics, including some conservative allies, argue the plan benefits banks and increases the total interest paid over the life of the loan.

President brushed off criticism about a plan to offer .

Over the weekend, Trump floated a 50-year mortgage plan on . While the idea of extending mortgage terms may initially seem appealing, it has a few serious drawbacks. Perhaps the most daunting is that legislation passed after the explicitly limits most regulated mortgages to . Longer-term loans have higher interest rates and give homeowners less equity in their monthly payments.

On Fox News' " " on Nov. 10, host asked Trump about "significant MAGA backlash" from

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