The Finance Department says Flaherty is scheduled to hold a news conference on Thursday at 8:15 a.m. (1215 GMT).! r( v. n# u9 v+ P
2 u1 t- P" g2 p" m- V' TA 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. 7 r3 J! A7 v& `* s( ?8 H2 D4 T