The Finance Department says Flaherty is scheduled to hold a news conference on Thursday at 8:15 a.m. (1215 GMT)., B- M: L! U5 x
' p5 u) m; @# @1 s2 t* T6 O; ]' EA 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.* Z. p% M* c- Z$ X$ T+ Y