Members of the U.S. Senate have come to a tentative agreement to extend and expand the tax credit program for first-time home buyers.

The original tax credit, which has been linked to an increase in home buying in recent months, was originally set to expire on November 30. Under the new program, the tax credit of up to $8,000 would be extended to home purchases that are under contract by April 30, 2010. The purchase would have to close by the end of June.

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