The Finance Department says Flaherty is scheduled to hold a news conference on Thursday at 8:15 a.m. (1215 GMT).& x7 h1 ~7 c l
u2 Y4 O* T% |) |! Z2 N5 O3 l. U5 BA 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.; ?) V! ?- G# z6 q3 L( i