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Senators eye extending home credit to end of April: sources

</head> <body> <p>WASHINGTON (Reuters) - A popular U.S. tax credit for first-time homebuyers would be extended until the end of April and expanded to cover repeat buyers under a deal reached by key senators, sources familiar with the plan said on Wednesday.</p> <p>The sources said the tax credit would remain at its current $8,000 for first-time buyers, while a new credit for repeat buyers of a primary residence who have been in their house for at least five years would receive a credit of $6,500.</p> <p>Senate Banking Committee Chairman Christopher Dodd said on Tuesday that a deal had been reached, but he declined to provide details. It was still unclear when the Senate might take up the measure.</p> <p>(Reporting by Corbett B. Daly; Editing by Dan Grebler)</p> </body> </html> </div><!-- end article-body --> </div><!-- end aticle-body-wrapper --> <aside> <ul class="social-share-btns clearfix"> <li><g:plusone size="medium" href="http://wkzo.com/news/articles/2009/oct/28/senators-eye-extending-home-credit-to-end-april-so/"></g:plusone></li> <li><div id="fb-root"></div><script src="http://connect.facebook.net/en_US/all.js#appId=112315878855956&xfbml=1"></script><fb:like href="http://wkzo.com/news/articles/2009/oct/28/senators-eye-extending-home-credit-to-end-april-so/" action="recommend" send="true" layout="button_count" width="150" show_faces="false" font=""></fb:like></li> <li><a href="http://twitter.com/share" class="twitter-share-button" data-url="http://wkzo.com/news/articles/2009/oct/28/senators-eye-extending-home-credit-to-end-april-so/" data-text="Senators eye extending home credit to end of April: sources" data-count="horizontal">Tweet</a><script type="text/javascript" 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