The Finance Department says Flaherty is scheduled to hold a news conference on Thursday at 8:15 a.m. (1215 GMT).. H# W, l0 N& j+ F1 a* ]
$ a" G; {! Q8 N% ]& |4 x3 s8 LA 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. ; R2 F( C0 @0 ]3 V, l