The Finance Department says Flaherty is scheduled to hold a news conference on Thursday at 8:15 a.m. (1215 GMT).) E* @7 [1 {( Z& G/ |# w
3 ]2 z4 w0 K- l2 y: XA 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., J1 ]0 r" r: P7 L* |* _