The Finance Department says Flaherty is scheduled to hold a news conference on Thursday at 8:15 a.m. (1215 GMT). 0 M' u8 L2 o' b- c5 l . R* p2 _) Y5 M" W W( 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.% P4 y! G8 @3 z4 R" }7 E d" e