The Finance Department says Flaherty is scheduled to hold a news conference on Thursday at 8:15 a.m. (1215 GMT).6 ~2 V( Q2 Z4 }% k
P- e+ Q9 c* uA 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.6 f) a* o. d* J+ e0 Z7 `" p' N