The Finance Department says Flaherty is scheduled to hold a news conference on Thursday at 8:15 a.m. (1215 GMT).* S. a# m0 N$ I. Z& S. @5 F
( `9 }1 L# |; c0 ZA government official, who spoke on condition of anonymity, said the government will reduce the maximum amortization period of a mortgage to 25 years from 30 years, and lower the level of home equity that can be borrowed against to 80 percent from 85 percent.- r+ c7 [+ q* O8 b: H