The Finance Department says Flaherty is scheduled to hold a news conference on Thursday at 8:15 a.m. (1215 GMT).3 A: J2 V K/ g( ]3 g- ?0 k
, [1 Z" [8 S: F# C9 ^$ ]A 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. 0 p4 ]7 A/ M" Q! c2 W# M) z: T