The Finance Department says Flaherty is scheduled to hold a news conference on Thursday at 8:15 a.m. (1215 GMT). ( O1 T) {3 H3 k! O $ w' t* {! H4 \7 a# nA 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.0 t" x' v. ~3 f( ?* c' L