The Finance Department says Flaherty is scheduled to hold a news conference on Thursday at 8:15 a.m. (1215 GMT). 5 ?2 s! Z, d& O# O4 Z' D9 C; ]( h3 N- |" ] D" B& e2 ?( Z
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.# d1 q. A6 [$ x O