The Finance Department says Flaherty is scheduled to hold a news conference on Thursday at 8:15 a.m. (1215 GMT). - o/ v0 h8 K! P/ x' B$ p# d9 ` 8 t% G6 V0 n* m# Z+ e: m/ b0 u3 FA 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.2 l& Q l( M( q( w. J. k6 g& Y4 C* y