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The Finance Department says Flaherty is scheduled to hold a news conference on Thursday at 8:15 a.m. (1215 GMT).6 O* g( \* u+ q9 `7 _+ \( B
: T0 i$ b5 {! G0 r% O0 z, zA 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., \5 k% s0 ], b4 e( q, a% W5 B6 O
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