The Finance Department says Flaherty is scheduled to hold a news conference on Thursday at 8:15 a.m. (1215 GMT).8 Z' M2 P" \. g8 R* Z: a
' Z1 H) Z W, @/ q2 Q3 rA 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./ [: \( l, X* k( o0 C