The Finance Department says Flaherty is scheduled to hold a news conference on Thursday at 8:15 a.m. (1215 GMT).: D( A* `% a" [. m7 h
b$ j2 P% F4 l' E; ?$ G/ gA 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. 3 b0 {$ Z9 o( X8 U- I