Tax Credit for First Time Home Buyers Extended and Current Home Owners Added

Looks like there was an agreement by the Senate to extend the First Time home buyers credit out until the end of April and giving another 60 days to close the deal and current homeowners would get the credit as well.  In addition, repeat buyers now have a tax credit of $6500 to purchase a home and the income limits have been increased as well…here is a link from Marketwatch spelling out things in short order..